commit fc84fa058cee9075ce7442f159e8945eb8519044 parent db182cccc6e58c6da9a6fe2bb47d4f3a8ec6e0f9 Author: Christian Grothoff <christian@grothoff.org> Date: Fri, 4 Mar 2022 15:53:20 +0100 one youtube link should do Diffstat:
| M | 2022-privacy/privacy.tex | | | 19 | +++++++++---------- |
1 file changed, 9 insertions(+), 10 deletions(-)
diff --git a/2022-privacy/privacy.tex b/2022-privacy/privacy.tex @@ -236,16 +236,15 @@ such a capability is so large that it must be firmly rejected. \section{Harmful coupling with identity} \label{sec:coupling} -The risk is not theoretical. The Emergencies Act of February 2022 granted the Canadian executive the right -to freeze bank accounts without judicial -oversight.\footnote{Summary by Premier Kenney: \url{https://www.youtube.com/watch?v=NehMAj492SA}} The -Canadian minister of justice David Lametti promptly used this to threaten -people on CTV News with extrajudicial asset freezes if they were making -significant financial contributions to a political cause he strongly disagrees -with.\footnote{\url{https://www.youtube.com/watch?v=xoTCxWSQW30}} If this is -possible in Canada today, we do not want to imagine what might happen in less -established democracies if an account-based CBDC were to largely displace -cash. +The risk is not theoretical. The Emergencies Act of February 2022 granted the +Canadian executive the right to freeze bank accounts without judicial +oversight. The Canadian minister of justice David Lametti promptly used this +to threaten people on CTV News with extrajudicial asset freezes if they were +making significant financial contributions to a political cause he strongly +disagrees with.\footnote{\url{https://www.youtube.com/watch?v=xoTCxWSQW30}} If +this is possible in Canada today, we do not want to imagine what might happen +in less established democracies if an account-based CBDC were to largely +displace cash. Consequently, the question should be if central banks should limit CBDC issuance within the scope of their current mission instead of modifying their