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Digital euro will complement cash, not replace it (www.eureporter.co)

submitted 1 year ago* (last edited 1 year ago) by NorskSud to c/europe@feddit.de

51 comments fedilink hide all child comments

“If we want the digital Euro to become a success, we need a clear and convincing narrative of why we need it in the first place. People need to see the benefits of a digital Euro in their day-to-day lives. The European Central Bank and the European Commission have yet to make a compelling case of why we need the digital Euro and what added value it will deliver,” explained Markus Ferber MEP, the EPP Group Spokesman in the European Parliament's Economic and Monetary Affairs Committee.

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[–] Quetzacoatl@feddit.de 18 points 1 year ago (1 children)

Yes please! I'd love the ability for electronic money transfers (even offline!) without being dependent on private service partners like fucking Google, Apple and Mastercard.

Maybe explain it more as a payment standard, a protocol, not so much as another currency.

[–] Jagermo@feddit.de 4 points 1 year ago

Right? Currently, the most accepted payment Systems are under the control of us companies. Having a European alternative (even a shitty one) would not be the worst thing.