this post was submitted on 20 Sep 2025
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[โ€“] wintermute@discuss.tchncs.de 6 points 1 day ago (1 children)

The digital euro doesn't stop you from keeping doing it. It only replaces cash. Instead of withdrawing cash from the ATM to keep it in your wallet, you withdraw digital cash and keep it in your phone.

[โ€“] Cyber@feddit.uk 2 points 1 day ago

True, but that would be a phone app which has to come from an official (US) app store on a phone that is using offical (US) firmware...

I'm all for having a financial system that we can use 100% disconnected from the US, but it's the details that makes this hard, not the initial concept of e-Money.

But, back to the original point, I don't know how interest would work on money in an eWallet. I'd want to keep all my funds earning for me, which means loaning to others and then getting something back... so I don't want those transactions sitting in a 0% "safe" place... I'm either saving or spending.

So, if we can just have a EU version of Visa / Mastercard as step 1 that would be best. I think that's just arriving...