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[QUESTION] Privacy and the digital euro
(lemmy.world)
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this post was submitted on 04 Jul 2024
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Privacy
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I think deprecating physical cash must be highly illegal because everyone has the right not to own a phone.
it's more like the bits are representing physical cash, but in the future the physical cash will represent the bits. Most money is digital even now and even the physical cash is mostly just paper money, not precious metals, not even the coins probably have their worth in metals, so it makes sense.
Of course money is not a real valuable resource but I will fight for the right of not owning digital devices. Forcing it makes no good sense to me and it will pronounce the death of privacy as a word. They will find some proprietary system like Play Integrity (but worse) to lock it in for "security".