If my Yubikey gets stolen, how do I log in into my accounts?
Serious question; never understood how that works.
13 karma · joined January 15, 2021
Serious question; never understood how that works.
These are known to give a fuck about society, shutting down things as they like, and even bringing US jurisdiction into other societies.
The advantages of anonymous payments are purely hypothetical for normal people and only benefit big players. Having digital central bank money would enable us to cut off the private money industry that makes a living with data analysis.
My gut feeling is that these are societal issues beyond the mere implementation of money. You could have policies that protect donors of societal organizations and automatically wipe associated records.
I think the reality now is that big money is being laundered and stolen from society by big corporations. At the same time it's an illusion that citizens have anonymity in our daily endeavors.
Look at Bitcoin. Pushed by anarcho-romantic illusions, it's the dream of non-regulated big money gambling that hurts society...
We should focus on making our society robust, open and inclusive instead of thinking that we need some decentralized crypto solution.
Central bank digital currencies (CBDC) basically operate with a centralized database; no "mining", no pseudo-anonymity, most important, no gambling-like course changes. It represents the "offline money" 1:1, only is it managed centralized rather than federalized by many banks.