this post was submitted on 06 Sep 2025
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Yeah, a national bank will for sure do it in a transparent, nondiscriminatory way /s
You'll be able to only use it using a closed app requiring google play services, safety net and with an account linked to your identity. Which means that either all your transactions are public and undeniably linked to you, or the blockchain is not transparent and open to manipulation. And they will find a way to "prevent terrorism and protect children" by blocking certain accounts.
Yeah.. That's why I said EU.
Do you live in some other EU where government apps are open?
Yeah, but we are not talking about apps.
We are talking about stable coins, which is on a blockchain. The app is not important, as the stable coins would have to integrate will alot of paying options and banks.
Which means alot of different apps.
The app is not important if it's an open standard with an open API or open p2p access, which CBDCs will not be.