this post was submitted on 01 Jul 2023
7 points (100.0% liked)

Privacy

31195 readers
616 users here now

A place to discuss privacy and freedom in the digital world.

Privacy has become a very important issue in modern society, with companies and governments constantly abusing their power, more and more people are waking up to the importance of digital privacy.

In this community everyone is welcome to post links and discuss topics related to privacy.

Some Rules

Related communities

Chat rooms

much thanks to @gary_host_laptop for the logo design :)

founded 4 years ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[โ€“] dukethorion@lemmy.world 0 points 1 year ago (1 children)

Well, the euro in your bank account is owned by the bank (they have custody) and nominally assigned to you.

A digital CBDC euro would be owned directly by the government, kept in an "account" controlled directly by that same government, which then they will allow you to use "your" (their) money.

The differences would have been more obvious 50 years ago when bank balances weren't just numbers on a screen like today.

[โ€“] KISSmyOS@feddit.de 1 points 7 months ago

I trust my government more than a bank, though.
If you're American, I don't expect you to understand.