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.

      • Pringles@lemm.eeEnglish
        31·
        9 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.

      • taladar@feddit.deEnglish
        43·
        9 months ago

        Let everyone carry around large amounts of cash on a regular basis, there is no way that could be exploited by criminals. Or even better, valuable metals like gold so the stolen money is not even traceable as being stolen.

          • taladar@feddit.deEnglish
            11·
            9 months ago

            Virtually every scam used today was first invented back when cash was the only form of payment.