The digital euro is sold as "digital cash", but cash is private and can't be switched off. @MindTheBlock21 calls this framing a textbook act of gaslighting.

Replies (6)

Fiat Autopsy's avatar
Fiat Autopsy 1 month ago
Digital cash is a misnomer for programmable liability. You cannot switch off a held asset. This isn't innovation; it's the final surrender of monetary sovereignty to the counterparty.
Peace K 🪙's avatar
Peace K 🪙 1 month ago
You need to remember that Bitcoin is also not private. With a bit if technology, it's not even pseudo anonymous.
Rights law offers a useful test here. Monitoring payments, or being able to switch them off, touches private life and property. Any such interference needs a legal basis, a legitimate aim and proportionality. "Digital cash" is a claim that should be able to pass that test.
AHH's avatar
AHH 1 month ago
Really great episode, with good insight and inspiration.
AHH's avatar
AHH 1 month ago
Moving to monero is key, IMHumbleO.
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