The launch of the digital euro could give every European a free, universal payment account. But this grand vision is at risk of being curtailed by a well-coordinated lobbying campaign of the banking industry. Banks want to make sure you will keep needing them – and they have EU officials’ ears.

The launch of the digital euro could give every European a free, universal payment account. But this grand vision is at risk of being curtailed by a well-coordinated lobbying campaign of the banking industry. Banks want to make sure you will keep needing them – and they have EU officials’ ears.

  • @PringlesEnglish
    2•3 months ago

    You can go back to the stone age, but I embrace the digital age. Privacy is an issue that can be fixed through policy if need be.

    • @NoLifeKing@ani.socialEnglish
      1•3 months ago

      It can’t, digital things always leave traces even with no log policies. Otherwise you couldn’t keep track of who has what.

        • @NoLifeKing@ani.socialEnglish
          0•3 months ago

          Leaves traces like everything else, is extremely energy intensive and you can’t use it for most things.

          So in short, get all the downsides of bitcoin and make climate change even worse…