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jasonvorhe 4 hours ago

I'm not gonna use CBDC because they'll get hooked up to digital id, no matter what they're "promising" right now. This is just another shitcoin no one asked for.

dewey 4 hours ago | parent | next [-]

That's a clear case of perfect being the enemy of good. Are CBDC privacy friendly? No, but it's better than 100% of the credit cards currently being used in Europe being part of the network of two big US companies.

crimsdings 4 hours ago | parent | prev | next [-]

There is no bank account that isn't linked to your id already.

dgellow 4 hours ago | parent | prev | next [-]

You don't have to use it. you can continue to use your bank account (which is linked to your id, obviously)

basisword 4 hours ago | parent | prev | next [-]

Aren't your transactions with your bank already hooked up to your identity?

>> This is just another shitcoin no one asked for.

Giving Europe independence from US payments processors is a huge deal and very necessary.

euio757 4 hours ago | parent | next [-]

> Giving Europe independence from US payments processors is a huge deal and very necessary

You do realize that US payement processor like Visa & MasterCard rely on chip technology from French company (Gemalto, now part of Thales), so these companies aren't independent from EU to start with.

Getting independence from the networks themselves, you only need to create a local competitor ...

And those has been existing for multi-decades in each country. E.g. Carte Bleue(France) Bancomat (Italy), Bizum (Spain), SIBS (Portugal) etc.

Just merge those into a bigger more ambitious network

"EuroPA" is exactly that effort. A digital euro is completely orthogonal to that effort.

Crazy people don't see how dystopian and dangerous the concept of a centralized digital currency is...

alejoar 4 hours ago | parent | prev [-]

[flagged]

starfallg 4 hours ago | parent | prev [-]

CDBC doesn't necessarily imply blockchain. It can be just another payments system.