• eleitl@lemmy.ml
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    7 months ago

    The most relevant question: can you pay taxes with it?

  • toothbrush@lemmy.blahaj.zone
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    7 months ago

    As long as the right concept wins - yes.

    For example GNU Taler could be used for the digital euro. Its anonymous for the buyer, backed by banks and traditional banking infrastructure and fast.

    Its also somewhat unlikely to win. Lets hope the people in brussels make the right decision.

  • DogPeePoo@lemm.ee
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    7 months ago

    As long as it can continue to be devalued through inflation and central banks— then, yes.

    But unlike cash every purchase you make can be traced with a digital euro.

    Orwellian

  • shortwavesurfer@monero.town
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    7 months ago

    You can be denied your money at any time for any reason or no reason at all. Can’t see anything going wrong here. /s

  • TheMurphy@lemmy.world
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    7 months ago

    With this digital euro, all fees are paid by the EU. Which is the right way to do it. It shouldn’t cost anything to spend and transfer money - just as it doesn’t with cash.

    I can’t get my head around how much money VISA and MasterCard is pulling out of society today.

    How banks take fees for you to do a simple money transfer.

    Scumbags.

  • Asudox@lemmy.world
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    7 months ago

    GNU Taler is more fit to be the next mainstream way of paying with your phone or online. But it definitely does not replace cash. Not in any privacy sense. It is still digital, and anything digital can and will eventually be hacked at some point. But it’s miles better than using my debit card, so I’d always prefer this over my debit card whenever possible. Though if I really want to be anonymous, physical cash is still the way to go. GNU Taler sits somewhere between normal physical cash and debit cards in terms of privacy. I hope it wins.