[_-david-_]

Will this basically mean the federal government would have a record of all our transactions?

[tantalor]

It depends on how Congress writes the law that would enable CDBC.

They could simply copy & paste the existing laws regarding banking privacy, e.g., RFPA.

https://en.wikipedia.org/wiki/Right_to_Financial_Privacy_Act

[uncletammy]

As if the FISA courts wouldn't be employed to circumvent any constraints placed on the system by congress.

[tantalor]

That's already the case with existing banks so not much of a useful distinction to make here.

[rvense]

This is a legal problem, not a technical one.

[hnaccount141]

They already do, they just have to ask Visa/AmEx/Mastercard nicely.

[_-david-_]

Not if you pay in cash. The problem with many of these proposals are that the backers also want to start limiting the use of cash.