I still don’t understand what Visa and MasterCard do that justifies 5% of every transaction. Computers have made their job infinitly easier, yet their fee has remained the same.
There isn’t much more they can surveil with a digital euro that they can’t yet with how banking works today. Everything is controlled.
So, between a controlled banking system and a controlled bankless/facilitatorless digital euro, I’ll pick the one that doesn’t give away my money to the financial world.
You must be delusional if you think anything good will come of digital euro.
It will be nothing but a mass surveillance tool. And another step towards the abolition of cash.
As opposed to Visa/Mastercard?
Currently, there are only concepts and promises. They promise the wallet will be p2p, anonymous, and non-traceable. We’ll see if that’s the case.
I still don’t understand what Visa and MasterCard do that justifies 5% of every transaction. Computers have made their job infinitly easier, yet their fee has remained the same.
It’s called “we’re a duopoly so fuck you guys”
It’s amazing how people can’t see that cash is the next freedom they will take awzy from us.
There isn’t much more they can surveil with a digital euro that they can’t yet with how banking works today. Everything is controlled.
So, between a controlled banking system and a controlled bankless/facilitatorless digital euro, I’ll pick the one that doesn’t give away my money to the financial world.