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Will the digital euro really be equivalent to cash? (blog.xot.nl)

submitted 8 months ago by ray@lemmy.ml to c/technology@lemmy.world

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[–] Evil_Shrubbery@lemm.ee 14 points 8 months ago (1 children)

Yes, but with state digital currency it's not a profit driven effort behind the cost, less cost inflation and shareholder pressure.

[–] themurphy@lemmy.world 5 points 8 months ago (1 children)

Also very good points. This is in general a very good move by the EU, and I'd wish we had it as a currency in my country.

It's also a choice to use, so if you don't like it then keep use your VISA/MasterCard.

[–] Evil_Shrubbery@lemm.ee 3 points 8 months ago

Exactly.

And perhaps to make a more distinguishing contrast I would add that you can also keep using paper currency as well (banknotes still have the kind of anonymity online transaction can't offer, yet even there is still a huge distinction between government hopefully not selling your data vs megacorps rallying on that).