That's not the position of the article. Did you get to the part where it says
> Because privacy is something that regular folks value for licit reasons, their welfare would be reduced.
There is a tradeoff which the article discusses.
Also all of your points can be addressed with a CBDC. Cash is not necessary and we should work together to eliminate it because the social cost greatly exceeds the social benefits.
> Because privacy is something that regular folks value for licit reasons, their welfare would be reduced.
There is a tradeoff which the article discusses.
Also all of your points can be addressed with a CBDC. Cash is not necessary and we should work together to eliminate it because the social cost greatly exceeds the social benefits.