From the 7th of April to the 9th, the European Central Bank spoke extensively about the Digital Euro, expressing hope about its potential and publishing an update of its rulebook. Its President, Christine Lagarde, also called for it, wishing to end European reliance on international payment solutions providers such as VISA, Mastercard, PayPal, Stripe and others.
A digital euro that requires no banks or payment processors definitely has a use. It’s all the benefits of cryptocurrency but with the backing of a central bank.
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Exactly. Best of both worlds. We actually want a currency that can be manipulated by government. That’s how they stabilise it. An unstable currency isn’t much use. Block chain transfers is great because it means easy, secure transfers in the open. No gatekeepers like WorldPay.