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Digital euro will complement cash, not replace it
(www.eureporter.co)
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I would like to see how the Digital Euro works in regards to privacy laws. If all transactions are traceable I would see this as potentially a dangerous move for EU citizens, whilst at the moment we may trust our governments to a degree we also see a substantial move towards Fascism all over the continent.
I think it is supposed to be untracable in the same way cash is. It's even supposed to be usable offline.
Whether or not they will accomplish this is yet to be seen.
being a pessimist here for a second:
once this reaches a more mature stage, there will be somebody claiming it would be used when selling drugs or other illegal activities and those privacy concerns will go out the window :/
I think that's not that pessimistic.
I don't expect there to be good privacy straight from the start, no matter what they say right now.