Zero Knowledge is a dangerous thing. We started this crypto journey with hifalutin ideals about #transparency. Blockchain, we said, would eliminate the need for #trust, make everything more efficient, and do away with corruption and fraud, because everything would be visible to anyone on-chain. Well, turns out we don’t want that much transparency. We have known forContinue reading “Cashier Number Four Please!”
Tag Archives: CBDC
The Bank Strikes Back
Most people didn’t read the press release by the Bank of England last week carefully enough to be shocked by the admission that even though one wanted one’s digital pound and one wanted it by 2030 and trusted, wholeheartedly, that one’s educated loyal subjects were already used to fast digital payments via their portable telephones,Continue reading “The Bank Strikes Back”
The case against CBDCs
CBDC are not ready. We have issues with privacy, cybersecurity, and government control that need urgent attention.
What governments want
CBDCs and stablecoins are engaged in the battle of the century
The Blockchain Futurist 