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> a CBDC would differ materially from cash, which enables anonymous transactions. Anonymous transactions are possible with a CDBC too. For example as outlined
by alkonaut 4y ago
> a CBDC would differ materially from cash, which enables anonymous transactions.
Anonymous transactions are possible with a CDBC too. For example as outlined in the link I posted in the message above.
The idea is similar to Gnu Taler: you withdraw CBDC funds onto some physical "cash card". The amount you can do would be limited, just like the amount of cash you withdraw from a a bank is usually limited. But it does mean that how you then spend the tokens on that "cash card" should be as hard or harder to pin to an individual than a cash spend - i.e. nearly impossible.
- kipchak 4y agoI don't disagree it's possible to have a CBDC and anonymity, but based on the fed's statements like the part you quoted it seems like from their perspective anonymity no longer being possible would be a feature.
- alkonaut 4y agoI don’t doubt that some governments would see it that way (although I do doubt the fed would pull that off). My argument is merely a) that there is nothing inherent to a CBDC making anonymous transactions impossible b) there are governments recognizing that this is an important feature of their planned CBDC - as they should.
- kipchak 4y agoGotcha, I agree with both points but am just less optimistic regarding implementation, Hopefully you're right.