commit 08910f4edc98a078efb3564def1a49318bb9961a
parent 930262d9cb5a0e3cbcfd478ea98175a574dd3907
Author: Özgür Kesim <oec@codeblau.de>
Date: Mon, 25 Apr 2022 12:06:39 +0200
-fixed typos
Diffstat:
1 file changed, 4 insertions(+), 4 deletions(-)
diff --git a/2022-privacy/suref.tex b/2022-privacy/suref.tex
@@ -80,7 +80,7 @@ The main desired properties of a currency are therefore: conservation of value a
availability for exchange.
For more than a hundred years, most currencies have been issued by central
-banks, while with the exception of cash, retail payment systme have typically
+banks, while with the exception of cash, retail payment system have typically
been implemented by the private sector. In general, any payment system
enables participants to make financial transactions, but does not in itself
establish a new currency. Additionally, payment systems can provide credit,
@@ -127,7 +127,7 @@ European System of Central Banks (ECBS) itself and within Europe, it is clear
one needs to be careful to avoid confusing the idealistic view of central
banks as politically neutral and public-minded institutions with reality.
To build secure systems, it is best to assume that all parties,
-including the system's designers, implementors and main operators
+including the system's designers, implementers and main operators
themselves, could be malicious.
Central banks thus need to take a different mindset, and ideally picture
@@ -269,7 +269,7 @@ and catastrophic cases of personal data theft, it must enable citizens to put a
firewall between their identity and their payments.
Citizens themselves are well aware of this aspect and it consequently would
-have a significant impact on acceptance of a CDBC: The Swiss population
+have a significant impact on acceptance of a CBDC: The Swiss population
recently rejected a proposal for a national eID~\cite{eid2021}, and the newly
elected German government is promising a reversal of ubiquitous data retention
(without cause)~\cite{koalitionsvertrag2021}. The European Parliament has
@@ -335,7 +335,7 @@ limits for their CBDC holdings based on their actual cash needs.
There are no trusted third parties. That does not prevent people from
designing and deploying systems that rely on the assumption that a trusted
third party exists. Central banks must not follow the former DIRNSA's
-hybris~\cite[page 6f]{cwps}
+hubris~\cite[page 6f]{cwps}
and assert that they are an eternally trusted third party.
The dominance of accounts on the Internet and the resulting delegation of
