Yeah, but it could also just supoena the companies for their data.
As far as I know, the token can't be easily decoded, to figure out your bank account or etc.
Discussion
I say subpeona because, obviously, companies have a strong incentive to delay deleting the data. At least, until they have had a chance to use it for their statistics and monitoring and sales programs.
There is no market incentive to either keep or delete a token because it's just a nonsense string.
Agreed. This makes me want to read a Cypherpunk's Manifesto again. Governments won't need a CBDC if they can just use digital ID's instead.
EU wants a CDBC because the Euro is lagging in usage outside of Europe. They want to compete with the US Dollar and China's Remnibi, both of which are heavily tokenized (through Tether, for instance) and used for international trade.
It would make more strategic sense, to use Bitcoin, but they're so obsessed with their đŸ’¶, that it won't happen anytime soon.
Interesting. I don't know much about the EU. Thanks for the info.
Well i got a different theory:
They are well aware about Bitcoin and the Movement happening atm. They are affraid.
Chancellor Merz announcing 1.7 Billion "special funds" at the beginning of the current tyranny is just one of the aspects to watch out for, and all the other "fundings" of ukrain yadda yadda. They know exactly how fiat works, and they dont want Weimar again.
As this happens... people would wake up and rebell. So, you destroy the current Fiat, but only enough to offer the perfect solution to your own "mistake"... called CBDC
They want to reset the game on their own terms
The real question is:
Bad intentions or stupidity?
...and I don´t believe in stupidity in these circles