Rethinking CBDCs: Addressing design flaws and privacy concerns
The Payments Association
OCTOBER 14, 2024
What is this article about? If an authority can unilaterally choose to lift the veil on the identity of the payer in a transaction, without asking the payer for permission, and without the possibility that the payer might decline, then the payer is not actually private, analogously to backdoors in encryption technology.
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