[taler-marketing] branch master updated: discussion with Martin

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grothoff pushed a commit to branch master
in repository marketing.

The following commit(s) were added to refs/heads/master by this push:
     new 78b910d  discussion with Martin
78b910d is described below

commit 78b910d73d8796ff331f622f10ac14815a61ddcb
Author: Christian Grothoff <christian@grothoff.org>
AuthorDate: Tue Jan 18 20:34:21 2022 +0100

    discussion with Martin
---
 2022-privacy/privacy.tex | 17 +++++++++++------
 1 file changed, 11 insertions(+), 6 deletions(-)

diff --git a/2022-privacy/privacy.tex b/2022-privacy/privacy.tex
index 7029aea..698d5bd 100644
--- a/2022-privacy/privacy.tex
+++ b/2022-privacy/privacy.tex
@@ -109,12 +109,17 @@ In it, the authors ask ``Should the objectives, mandate 
and governance of centra
 % FIXME: this is a bad quote, we should quote not a question on 'should',
 % but their specific conclusion THAT the mandate needs a redefinition (if they 
make such a conclusion).
 implying that the deployment of a CBDC would be impossible in the current
-state.
-But adaptations of central bank missions to
-include complete control over money via the issuance of a CBDC (as envisioned
-by Agustin Carstens of the Bank of International Settlement\footnote{See
-speach given on October 19th 2020 on ``Cross-Border Payment -- A vision for
-the future''}) are dangerous and must be firmly rejected. %MSC: Citation 
needed? Unfounded claim?
+state.  But adaptations of central bank missions to include ``absolute control
+over the rules and regulations of the use'' of money via the issuance of a
+CBDC (as envisioned by Agustin Carstens of the Bank of International
+Settlement\footnote{See speach given on October 19th 2020 on ``Cross-Border
+Payment -- A vision for the future''}) are dangerous if the central bank can
+choose to void privacy assurances.  Carsten's reasons include that the
+central bank should have the ability to know about every payment. As he
+states that the central bank would be able to strictly enforce its rules
+and regulations, this implies the bank could arbitrarily block
+payments by private citizens. The repressive potential of a government with
+such a capability is so large that it must be firmly rejected.
 
 % MSC: I removed a strawman here (This [the implication] is likely wrong).
 % I replaced it with "our belief", not sure if that is better...

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