this post was submitted on 29 Nov 2023
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'What's the point?' — EU lawmakers sink teeth into digital euro (www.euronews.com)
submitted 8 months ago by Sagan@eslemmy.es to c/europe@feddit.de
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[–] Sodis@feddit.de 25 points 8 months ago (3 children)

The digital euro "would end the problem of banking crises," which "wouldn't happen with a safe asset, the digital euro," Fernández Ordóñez added — meaning the bulk of banking regulations, and the risk of taxpayer bailouts, could be removed too.

Yeah, that's never going to happen.

[–] taladar@feddit.de 14 points 8 months ago

It is incredibly naive to think that people who came up with hundreds of way to exploit a physical currency couldn't come up with variations of the same or entirely new ways to exploit a digital one...or just an opportunity to push their anti-regulation stance because they want to be among those people.

[–] nicetriangle@kbin.social 2 points 8 months ago

Yeah that sounds like complete nonsense