THREAD: CBDCs (could be) good

The term 'CBDC' often triggers certain types of reactions. For everybody who prefers to make uneducated guesses on how we are supporting bringing surveillance tools into existence, I have come up with a
fresh perspective!

Key takeaways:

1. The importance of cash should remain undisputed, most parties come with the same message. The Federal Government should  "resolutely oppose any initiatives at the EU level and in particular ensure that the status of cash as legal tender remains untouched".

2. Concerns over privacy and the potential for surveillance echo loudly, underscoring the need for safeguards in digital currency adoption on the national level.

3. The Bundesbank's upcoming cash strategy for Germany signals a thoughtful approach to integrating digital with traditional.

Most notably, the DEA's emphasis on privacy through technology—not just assurances—speaks volumes. Dr. Jonas Gross advocates: 
"Privacy is a major challenge. From our perspective, privacy must be technically guaranteed, not just promised. The great thing is that there are some technologies that make this  possible"

This debate is more than a policy discussion; it's about crafting a future that respects individual freedoms while embracing innovation. Once again - we are proud to support DEA and hope that together, we can shape a brighter, more inclusive tomorrow.

Really encourage everybody to read:
https://blog.digital-euro-association.de/public-hearing-on-the-digital-euro-in-the-finance-committee-of-the-german-parliament-a-summary

The discussion in Germany's Bundestag, highlighted by a recent DEA article (linked at the end), sheds light on a balanced debate around digital currencies. Our partnership granted us a unique opportunity to contribute to this dialogue

Good thread! I think it’s important to realize that CBDC’s can (and should) be interoperable. There’s no reason why we can’t have true self-sovereign, private, decentralized processes working separately from a CBDC. It’s a mistake to immediately jump to dystopian authoritarian hell world conclusions here.