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The digital euro has enraged half of Brussels. Here’s what you need to know. (www.politico.eu)

submitted 1 week ago by Sunshine@piefed.ca to c/buyeuropean@feddit.uk

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[-] Muscle_Meteor@discuss.tchncs.de 20 points 1 week ago* (last edited 1 week ago)

So the right is against it: good

The banks are against it: probably still good

It might stifle innovation: okay.. where has that been up until now?

The ECB has already made concessions to appease banks, the digital euro will have a 0% intrest rate for example so banks should still be more appealing to store money in... Not that i've seen an intrest rate at a bank above 2% since 2008, but hey... Room to innovate..

Germany doesnt like the idea of potential snooping... So i guess they trust big american corporations more than an institution they have an actual say over?

I dont see a real downside to trying it, other than upseting american companies and special interest groups, and i'd much prefer this to some crypto bullshit

this post was submitted on 20 Sep 2025

135 points (100.0% liked)

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