Yeah that's why to me it's still a theoretical concern until/if we ever get more info on the matter. some elements fall nicely into place & timing is good. some elements no.
still the fact of the matter is that here digital id is ready to go. official gov website is up. and as a registered "business owner" i've been encouraged to apply for a director id via mygov id this year (which thankfully i was able to avoid and do over the phone), among other things like Australia Post pushing their digital ID service.
adding the digital currency component could come after & not in tandem with ID. just that the timing of this RBA investigation made it seem suspicious to me upon seeing this forum post at first
There is and will continue to be a big push to get everything digitised
Which is conflicting for me because on the surface level there are benefits BUT it’s naïve to not note the serious and significant risks associated.
I have seen quite elaborate discussions on how to digitise things AND try to protect peoples privacy but I fear that without essentially breaking up the ‘monopoly of government’ it will always and eventually used for removing freedom. I think - at best- it’s an arms race between libertarians who are building with freedom/privacy in mind and those who want to shackle the people
Yeah that's why to me it's still a theoretical concern until/if we ever get more info on the matter. some elements fall nicely into place & timing is good. some elements no.
still the fact of the matter is that here digital id is ready to go. official gov website is up. and as a registered "business owner" i've been encouraged to apply for a director id via mygov id this year (which thankfully i was able to avoid and do over the phone), among other things like Australia Post pushing their digital ID service.
adding the digital currency component could come after & not in tandem with ID. just that the timing of this RBA investigation made it seem suspicious to me upon seeing this forum post at first
You are 100% correct I’m afraid
There is and will continue to be a big push to get everything digitised
Which is conflicting for me because on the surface level there are benefits BUT it’s naïve to not note the serious and significant risks associated.
I have seen quite elaborate discussions on how to digitise things AND try to protect peoples privacy but I fear that without essentially breaking up the ‘monopoly of government’ it will always and eventually used for removing freedom. I think - at best- it’s an arms race between libertarians who are building with freedom/privacy in mind and those who want to shackle the people