this post was submitted on 20 Sep 2025
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The digital euro has enraged half of Brussels. Hereโ€™s what you need to know. (www.politico.eu)
submitted 1 day ago by Sunshine@piefed.ca to c/buyeuropean@feddit.uk
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[โ€“] JustEnoughDucks@feddit.nl 3 points 23 hours ago* (last edited 23 hours ago) (1 children)

Probably a combination of older people, bankers (all of the big banks are headquartered in Brussels and payment processors like Bancontact, also Euroclear (people also forget about silent CSDs holding enormous power) which all together have a ridiculous amount of employees in Brussels as well as a separatist movement in Flanders that is like brexit but with even more racism and strawmen.

Then there is also the fact that here in Belgium, there is still quite a cash culture in some places. International payment processors have huge fees, so a lot of places only take Bancontact or cash still, which isn't a bad thing since most payment processors exist to transfer wealth from the working class to the owning class doing as little as possible to meet that goal with ridiculous fees.

[โ€“] JumpyWombat@lemmy.ml 2 points 21 hours ago

there is still quite a cash culture in some places

The Digital Euro will be like gay marriages: if you don't like it, just don't have one ๐Ÿ˜‰

The opposition, as you said, comes essentially from lobbies.