It seems to meet that there is something of a paradox around cash, digital cash and anonymity. The average consumer wants anonymity for their own payments because they are not crooks (and their purchasing decisions are no-one’s business except theirs and the merchant’s). On the other hand, the average consumer (not to mention the average law enforcement agent) doesn’t want anonymity for terrorists, lobbyists or fraudsters. The Bank of England’s fintech director Tom Mutton said in a speech that privacy was “
The CBDC privacy paradox
The CBDC privacy paradox
The CBDC privacy paradox
It seems to meet that there is something of a paradox around cash, digital cash and anonymity. The average consumer wants anonymity for their own payments because they are not crooks (and their purchasing decisions are no-one’s business except theirs and the merchant’s). On the other hand, the average consumer (not to mention the average law enforcement agent) doesn’t want anonymity for terrorists, lobbyists or fraudsters. The Bank of England’s fintech director Tom Mutton said in a speech that privacy was “