https://bitcoinmagazine.com/business/ecash-makes-bitcoin-and-fiat-private-with-calle-cashu
You might think that someone who hides their face behind a bright orange face wrap when making media appearances would be motivated by quite radical ideology, but this isn’t the case with Calle.
Instead, he’s surprisingly down-to-earth, practical and highly logical. His goal in building Cashu is simply to preserve the type of privacy we’ve had in financial transactions for centuries.
[...]
“The ECB is willing to also look into ecash systems that provide cash-like privacy for transactions under 300 euros. The Bank of International Settlements is piloting an ecash system right now. The National Bank of Switzerland and the Swiss Parliament itself are considering ecash deployments for their national digital currencies,” he added.
“We see that there is a window of perfectly legal and compliant use of ecash.”
#cashu #bitcoin
Being radical is to consider this logic and good.
Making "perfectly legal cash-like privacy for <300 eur" means making illegal to transact >300 eur without government approved third party vigilance.
That's radical. That's horrendous. A disaster waiting to happen. That's not how banking has worked for centuries.
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