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Re:Advice on the privacy and personal data protection aspect... by holri on Saturday July 10, 2021 @07:40AM (#27792698)
A prerequisite for privacy and trust would be transparency of the software. No word in the document that this is going to be free software. So it can not be proven that this really respects your privacy. Therefore, it is not trustworthy.
Re:Advice on the privacy and personal data protection aspect... by drazvan on Saturday July 10, 2021 @12:09PM (#27794356)
It's actually quite simple - an offline solution is technically incapable of reporting your spending patterns because ... well ... it doesn't connect to any network. It's the same as physical cash really, your banknote cannot report where it's been since it does not connect to anything.
Re:Advice on the privacy and personal data protection aspect... by rhn_mk1 on Saturday July 10, 2021 @09:44AM (#27793308)
You're making a jump from transparency to Free Software, but it's a jump too far.

It's sufficient to have open (and trustworthy) protocols. Software will follow.

Re:Advice on the privacy and personal data protection aspect... by andai on Saturday July 10, 2021 @08:29AM (#27792929)
Serious question, if it was free software, how would they prove they're actually running it (unmodified)?
Re:Advice on the privacy and personal data protection aspect... by holri on Saturday July 10, 2021 @11:00AM (#27793764)
The EuGH (European Court of Justice) is already in power to check the EZB. It could also check the software.