[wwwtyro]

I'd be worried they'd wait until the population was reliant upon it, and then flip a switch disabling privacy. Seems risky.

[mjburgess]

'they' are the population -- you can read BoE proposals on digital currency in the open; and likewise, the legal framework will be public

the 'they' who flip switches are more company boards, rather than public democratic institutions of western liberal states

for them to implement anything other than published papers on the system, it would require a conspiracy -- one unjustified given how trivial it is to monitor people anyway