▲ 150 ▼ European banks to launch euro stablecoin in bid to counter US dominance (www.reuters.com) submitted 1 year ago by technocrit@lemmy.dbzer0.com to c/technology@lemmy.world 30 comments fedilink hide all child comments
[–] just_an_average_joe@lemmy.dbzer0.com 7 points 1 year ago (5 children) Surveilence permalink fedilink source parent hideshow 5 child comments replies: [–] ExcessShiv@lemmy.dbzer0.com 3 points 1 year ago (2 children) There will be the exact same level of surveillance, it's still just run by banks so there's no difference there. permalink fedilink source parent hideshow 2 child comments replies: [–] Schlemmy@lemmy.ml 1 point 1 year ago (1 child) Not really. I was scammed for a few hundreds of euro's last year. I knew the company, I knew the account but the bank was incapable of reacting because of 'reasons'. They know where the money went but they can't follow where it got transferred to. So they can only follow one transaction and after that it's gone. (Except when you get a court order) permalink fedilink source parent hideshow 1 child comment replies: [+] Alphonsus@lemmy.world 1 point 8 months ago* (last edited 7 months ago) [removed by mod] permalink fedilink source parent [–] Marvie@lemmy.world 3 points 1 year ago (1 child) For real, isn’t this allowing them to have much more control over what you have in the bank? Preventing bank runs as they call it(aka blocking withdrawals) permalink fedilink source parent hideshow 1 child comment replies: [+] Alphonsus@lemmy.world 2 points 8 months ago* (last edited 7 months ago) [removed by mod] permalink fedilink source parent
[–] ExcessShiv@lemmy.dbzer0.com 3 points 1 year ago (2 children) There will be the exact same level of surveillance, it's still just run by banks so there's no difference there. permalink fedilink source parent hideshow 2 child comments replies: [–] Schlemmy@lemmy.ml 1 point 1 year ago (1 child) Not really. I was scammed for a few hundreds of euro's last year. I knew the company, I knew the account but the bank was incapable of reacting because of 'reasons'. They know where the money went but they can't follow where it got transferred to. So they can only follow one transaction and after that it's gone. (Except when you get a court order) permalink fedilink source parent hideshow 1 child comment replies: [+] Alphonsus@lemmy.world 1 point 8 months ago* (last edited 7 months ago) [removed by mod] permalink fedilink source parent
[–] Schlemmy@lemmy.ml 1 point 1 year ago (1 child) Not really. I was scammed for a few hundreds of euro's last year. I knew the company, I knew the account but the bank was incapable of reacting because of 'reasons'. They know where the money went but they can't follow where it got transferred to. So they can only follow one transaction and after that it's gone. (Except when you get a court order) permalink fedilink source parent hideshow 1 child comment replies: [+] Alphonsus@lemmy.world 1 point 8 months ago* (last edited 7 months ago) [removed by mod] permalink fedilink source parent
[+] Alphonsus@lemmy.world 1 point 8 months ago* (last edited 7 months ago) [removed by mod] permalink fedilink source parent
[–] Marvie@lemmy.world 3 points 1 year ago (1 child) For real, isn’t this allowing them to have much more control over what you have in the bank? Preventing bank runs as they call it(aka blocking withdrawals) permalink fedilink source parent hideshow 1 child comment replies: [+] Alphonsus@lemmy.world 2 points 8 months ago* (last edited 7 months ago) [removed by mod] permalink fedilink source parent
[+] Alphonsus@lemmy.world 2 points 8 months ago* (last edited 7 months ago) [removed by mod] permalink fedilink source parent