Swedish bankers face identity crisis over digital currency plans

Re:Swedish bankers face identity crisis over digital currenc... by bjeds on Friday January 15, 2021 @09:36AM (#25791386)

Keyword: track. As in the privacy concern of the government having direct insight into all your financial transactions.

Sure, they already have the opportunity to demand that information from Swedish commercial banks and other financial institutions, but it's not as convenient as the direct control they have with a centrally managed digital currency.

The really nice thing with fungible physical goods like paper currency or similar is they are not in any shape or form tied to my identity. That's a feature.

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Re:Swedish bankers face identity crisis over digital currenc... by octocop on Friday January 15, 2021 @10:15AM (#25791856)

I agree with you that cash is the best choice given that privacy is the main concern, even better than bitcoin or any other crypto with a visible blockchain. Banks already tie the money you spend to your identity. I would like to own digital currency, like i own the cash in my wallet. Banks would not like that, since when they would like to own it and lend it to me.

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