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where our shared currency continues to unite us
Creates division to then ride the uniting kumbayaa narrative.
Third, the digital euro will also function offline, adding another layer of security and reliability. Even if the internet is down, ATMs are out of order or you have no phone signal, you will still be able to pay with digital euro.
Digital euro as a Chaumian e-cash mint?
If they fully embraced Chaumian e-cash, this could be great. I would support CBDCs then (as a stepping stone to Bitcoin). But I see no evidence of the ECB having any respect for privacy in this process.
Chaumian e-cash can work if the sender is offline. If the receiver wants to avoid a double-spend, the reciever should be online. But if they trust each other, it can be fully offline.
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That offline bit caught my eye as well. I wonder what the plan is for that?
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