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My point is, in reality we now trust multiple layers of private banks, payment providers like Visa & MasterCard, Google Pay and Paypal. These are known to give
by fjiizrsdfjjj 6y ago
My point is, in reality we now trust multiple layers of private banks, payment providers like Visa & MasterCard, Google Pay and Paypal.
These are known to give a fuck about society, shutting down things as they like, and even bringing US jurisdiction into other societies.
The advantages of anonymous payments are purely hypothetical for normal people and only benefit big players. Having digital central bank money would enable us to cut off the private money industry that makes a living with data analysis.
- Ekaros 6y agoI would much prefer to have a state run a bank. As they are very less likely to arbitrary cut of my access. And on other hand they can already order any operator in the area to hand over them the details of what I have done in past years...