Political control and digital currencies

The European Conservative published a thought-provoking article last month titled “”This Is Not a Big Brother Project”: Digital Currency and Political Control”. The eye-catching sentence in the sub-heading is “Christine Lagarde, ECB president, opined that even small transactions using the digital euro should be subject to control.

You can find it on this link, and it’s well worth a read: https://europeanconservative.com/articles/analysis/this-is-not-a-big-brother-project-digital-currency-and-political-control/

The article considers programmability, which is a topic we have addresses in a previous post, and conditional payments. There is a fair amount of dancing on a pin head here, and it’s a dance of which to take note.