Bank of International Settlements (BIS) says "Privacy is a foundational feature for retail CBDC" and presents "Project Tourbillon" – an ecash pilot for central banks.
What kind of timeline is this.
https://www.ledgerinsights.com/swiss-national-bank-bis-anonymous-cbdc/
https://void.cat/d/TKcZtyZcbmm62N8E5nfAL9.webp
I'll pass
👀
We won't spy on you with our centralized digital currency. Pinky promise.
Ecash with a government backdoor... I genuinely wonder how many people would be cool with this
What is going on
“Blockchain” ahahahha fucking retards. We’re going to win so hard!!
WTF??? "The Bank of Israel trialed eCash combined with Zero Knowledge Proofs."
This description makes no sense to me. "Let's use ecash but KYC the recipient on every transaction." WTF is the point?
That's the trap, I didn't believe it
Its a trap
Next thing they'll figure out is to back it with internet native hard money
Privacy (less transparency) for the central banks? They certainly won't be more private for users.
nostr:note140hv55jd4d34j4yfaxca3yel3m46c93j8wdy97g42hfcchxd4lyqzrsfa6
Interesting! Of course any privacy guarantee from fiat eCash would have to be verified. Because frankly I don't trust those people further than I can throw them. Let's just say I strongly doubt Augustin Carsten suddenly turned into a financial privacy advocate. 🤔
Correct, caution is appropriate. However, if you can verify your ecash wallet's crypto as sound, you can be pretty sure that as a user of that wallet you'll benefit from the privacy.
If you know that the protocol is safe and you can verify the code you're running in your wallet, you don't have trust the operator for your privacy.
Everything is inverted
