Debt based money and privacy cannot coexist.
You can't issue unsustainable debt without vetting borrowers on a deeper and deeper level. Credit based money is inextricably tied to ever more invasive surveillance.
"Surveillance capitalism" and debt based money are the same thing.
Maybe qualify this
Ecash is debt and super private
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perhaps that just means that the people who are lending to ecash mints are fools!
The mint could demand kyc to get out and convert to bitcoin. So there you have it. You are dependent on the mint's goodwill and the mint not being seized by government.
