EU unveils plans for digital euro, promising complete privacy

„Advocates of central bank-operated currencies argue that having a centralized authority provides stability and allows for monetary policies to address economic challenges – unlike decentralized and unregulated cryptocurrencies known for their high volatility.“

"Banks, not even the ECB, would not see or be able to trace, people's personal details or data," the commission added at a press conference. — Trust me bro

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Discussion

They don’t even realize that privacy, while certainly being a major concern, is not the main issue with Fiat currencies. The main issue is arbitrary monetary inflation.

CBDCs do nothing to address this issue, quite the opposite.

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