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Cash is also hackable (even more so) so I dont think that is a blocker. And about the online thing, we are moving towards a always-online-world fairly quickly.
by papichulo2023 3y ago
Cash is also hackable (even more
so) so I dont think that is a blocker. And about the online thing, we are moving towards a always-online-world fairly quickly.
- sigmar 3y agoyea, maybe they're thinking it'll look like a combination of both- using smartphone secure element and less trust in settlement of the transfer. It sort of makes me think of the xkcd comic though: some EU official was like "just make digital currencies settle offline, how long could that take, a year?" https://xkcd.com/1425/ https://xkcd.com/1425/
- eggy 3y agoYes, but if you have the cash in your pocket, it's not. Robbery is not hacking, and you can confront your robber. Hacking allows nerds to dip into thousands of pockets with hardly a chance of getting caught. The modern world and its youth seem to be very eager to live the digital life and give up all under the guise of "I have nothing to hide" as justification for surrendering liberties. Government centralized digital currencies are the beginning of the end. Europe was heading for the dark ages again, and this will only speed it up.