this post was submitted on 08 Aug 2023
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Europe
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Would be interesting if there was a limited supply.
Otherwise I donβt see the advantage, it is still being controlled by a central entity.
Depends. With a digital euro, you can safely stash away your money without having allowing private banks to make a profit out of it. Same goes with transactions. Firms like Visa or Mastercard wonβt turn a profit out of it. Of course there are many disadvantages as well.
And then where would lending and borrowing money come from?
It would still be banks. Owning a bank account would just not be mandatory anymore.