[dataflow]

> There are financial laws that banks must comply with and one of them require banks to share information with the Central Bank about potential fraudulent transactions. Having a payment system using the CB's infrastructure doesn't change anything.

That's just... a completely false assertion on its face? Putting the CB in the middle lets the CB (read: government) proactively block any set of transactions at will, and at scale, before anyone has any chance to litigate or otherwise dispute it. Which literally lets the government entirely cut off any citizen's ability to access the rest of human society. That makes no difference in your eyes vs. post-facto investigation/warrants/etc.?

We saw a live example of this with the IRS too, no? Do you think they would've had just as easy of a time accessing such financial records if they were held by a private entity than by the IRS itself?