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.