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If they fully embraced Chaumian e-cash, this could be great. I would support CBDCs then (as a stepping stone to Bitcoin). But I see no evidence of the ECB having any respect for privacy in this process.
Chaumian e-cash can work if the sender is offline. If the receiver wants to avoid a double-spend, the reciever should be online. But if they trust each other, it can be fully offline.
That offline bit caught my eye as well. I wonder what the plan is for that?
They're probably in the planning stage, where managers envision ridiculous requirements without consulting the engineering team, but can't wait to tell the marketing team about their "brilliant" idea. 😂
Exactly, they are still in the "Christmas wishlist" stage.
I think the offline option is bs yet I suppose it could be achieved with a card?
Creates division to then ride the uniting kumbayaa narrative.
Digital euro as a Chaumian e-cash mint?