The launch of the digital euro could give every European a free, universal payment account. But this grand vision is at risk of being curtailed by a well-coordinated lobbying campaign of the banking industry. Banks want to make sure you will keep needing them – and they have EU officials’ ears.
Ah yes of course! Let everyone track what you do.
Man if it was allowed i would pay with gold.
You can go back to the stone age, but I embrace the digital age. Privacy is an issue that can be fixed through policy if need be.
It can’t, digital things always leave traces even with no log policies. Otherwise you couldn’t keep track of who has what.
Monero exists…
Leaves traces like everything else, is extremely energy intensive and you can’t use it for most things.
So in short, get all the downsides of bitcoin and make climate change even worse…
Let everyone carry around large amounts of cash on a regular basis, there is no way that could be exploited by criminals. Or even better, valuable metals like gold so the stolen money is not even traceable as being stolen.
You know people get scammed more often than robbed right?
Virtually every scam used today was first invented back when cash was the only form of payment.
And yet its not robbery with force… My point wasn’t that it solves scams at all.