Altcoins Talks - Cryptocurrency Forum

Further Discussions => Banks & Cryptos => Topic started by: sirty143 on May 12, 2020, 12:49:39 PM

Title: Can Central Bank Digital Currencies Protect Individual Privacy?
Post by: sirty143 on May 12, 2020, 12:49:39 PM
Can Central Bank Digital Currencies Protect Individual Privacy?

(https://i.imgur.com/bFCWHe1l.jpg)

Top crypto industry and policy experts debated the privacy ramifications of state-issued virtual currencies... See more for yourself here (https://cointelegraph.com/news/can-central-bank-digital-currencies-protect-individual-privacy).

Your opinion is greatly appreciated.
Title: Re: Can Central Bank Digital Currencies Protect Individual Privacy?
Post by: ShadowCrypto on May 13, 2020, 05:06:47 AM
Disparte added that the objective of digital currency initiatives should be greater "optionality," describing the current lack of monetary options as creating the vulnerabilities that led to the current economic crisis.

Title: Re: Can Central Bank Digital Currencies Protect Individual Privacy?
Post by: Ersatz on July 17, 2020, 11:34:50 AM
I think that cryptocurrency is not just a hype thing but a new reality and is here to stay for the long time. For instance, i have BLACKCATCARD  to keep cryptocurrency as it has hot wallet linked to a debit card. So i get a crypto wallet but more protected as it's tied  to a bank card and bank cards are normally have trustworthy  protection. Then i just exchange  crypto to EUR and send it to my card or just keep crypto in the wallet. Setup account only with an ID and selfie so they don't ask for a lot of information. Privacy in this sphere really matters 
Title: Re: Can Central Bank Digital Currencies Protect Individual Privacy?
Post by: Noverteno on July 19, 2020, 05:56:25 PM
The confidentiality of stablecoins of states must be at a very high level for people among many similar stablecoins to choose this particular coin to use. After all, states need to prepare for serious competition among similar stablecoins of their central banks.
The level of such confidentiality will also change until the optimal option is developed.