ray@lemmy.ml to Technology@lemmy.worldEnglish · 1 year agoWill the digital euro really be equivalent to cash?blog.xot.nlexternal-linkmessage-square14fedilinkarrow-up149arrow-down14
arrow-up145arrow-down1external-linkWill the digital euro really be equivalent to cash?blog.xot.nlray@lemmy.ml to Technology@lemmy.worldEnglish · 1 year agomessage-square14fedilink
minus-squareDogPeePoo@lemm.eelinkfedilinkEnglisharrow-up25arrow-down4·1 year agoAs 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
minus-squaremuntedcrocodile@lemmy.worldlinkfedilinkEnglisharrow-up2·1 year agoDont worry about that people will call u paranoid for saying it.
minus-squareanivia@lemmy.mllinkfedilinkEnglisharrow-up2·1 year agoIt’s possible to implement it in a way that purchases can’t be traced. XMR has proven that. But there is absolutely no way the EU is going to take that route, it will for sure be traceable
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
Dont worry about that people will call u paranoid for saying it.
It’s possible to implement it in a way that purchases can’t be traced. XMR has proven that. But there is absolutely no way the EU is going to take that route, it will for sure be traceable