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commit 10eef89379ca2358604e9d43bf6ba6b752d6c2e0
parent 3aaa551005eaed5579911e00b67ac1ee5efb17ef
Author: Christian Grothoff <grothoff@gnunet.org>
Date:   Mon,  4 Aug 2025 13:53:23 +0200

marcification

Diffstat:
Mpresentations/2025-bis/bis.tex | 53++++++++++++++++++++++++++++++++---------------------
1 file changed, 32 insertions(+), 21 deletions(-)

diff --git a/presentations/2025-bis/bis.tex b/presentations/2025-bis/bis.tex @@ -1,6 +1,6 @@ \pdfminorversion=3 \documentclass[fleqn,xcolor={usenames,dvipsnames}]{beamer} -\setbeameroption{show notes on second screen=right} % Both +%\setbeameroption{show notes on second screen=right} % Both \usepackage{amsmath} \usepackage{multimedia} \usepackage[utf8]{inputenc} @@ -161,12 +161,14 @@ transparency, accountability, and security (part of the GNU project).} \begin{frame}{Payment Systems: Accounts vs. Tokens} Two types of payment systems: -\begin{enumerate} -\item {\bf account-based system}: transfer occurs by charging the payer’s account and crediting -the payee’s account (e.g., bank deposits) -\item {\bf token-based (value-based) system}: transfer occurs by transferring the value itself, or a -token that represents the monetary asset (e.g., banknotes) -\end{enumerate} +\begin{itemize} +\item account-based system +\note[item]{Accounts: transfer occurs by charging the payer’s account and crediting +the payee’s account (e.g., bank deposits)} +\item token-based (value-based) system +\note[item]{Tokens: transfer occurs by transferring the value itself, or a +token that represents the monetary asset (e.g., banknotes)} +\end{itemize} \note{Key Difference is the information carried by the information asset: \begin{itemize} \item account (assets): associated with a transaction history @@ -177,20 +179,28 @@ Bitcoin, and Distributed Ledger Technologies (DLTs) in general, are account-base \end{frame} -\begin{frame}{Simplistic CBDC Designs} + +\begin{frame}{Simplistic CBDC Designs: Accounts} \framesubtitle{\url{https://edwardsnowden.substack.com/p/cbdcs}} \begin{itemize} -\item Account-based CBDC (e.g., Bindseil 2020, Berentsen and Schär 2018): +\item Account-based CBDC\\ (e.g., Bindseil 2020, Berentsen and Schär 2018): \begin{itemize} \item simplest solution: central bank account for all -\item responsibility to perform KYC and ensure AML/CFT (could be outsourced); -\item potential for mass-surveillance (threat to CB independence); +\item responsibility to perform KYC and ensure AML/CFT +\item potential for mass-surveillance \item in direct competition with commercial banks -\end{itemize} \pause +\end{itemize} +\end{itemize} +\end{frame} + +\begin{frame}{Simplistic CBDC Designs: Tokens} + \framesubtitle{\url{https://edwardsnowden.substack.com/p/cbdcs}} +\begin{itemize} \item Token-based CBDC: \begin{itemize} -\item requires a system to ensure that electronic tokens are not easily copied -(hardware-based or software-based) \\ $\rightarrow$ double-spending problem +\item[$\rightarrow$] double-spending problem +\note[item]{requires a system to ensure that electronic tokens are not easily copied +(hardware-based or software-based)} \end{itemize} \end{itemize} \end{frame} @@ -198,16 +208,17 @@ Bitcoin, and Distributed Ledger Technologies (DLTs) in general, are account-base \begin{frame}{What is Taler?} \begin{center} -Taler is an electronic instant payment system based on tokens. +Taler is \end{center} \begin{itemize} - \item Uses electronic coins stored in {\bf wallets} on customer's device - \item Like {\bf cash} - \item Pay in {\bf existing currencies} (i.e. CHF, EUR, USD) + \item an electronic instant payment system based on tokens. + \item uses electronic coins stored in {\bf wallets} on customer's device + \item like {\bf cash} + \item pay in {\bf existing currencies} (i.e. CHF, EUR, USD) \end{itemize} - \vfill - \pause - \noindent +\end{frame} + +\begin{frame}{What is Taler?} However, Taler is \begin{itemize} \item \emph{not} a currency