this post was submitted on 20 Apr 2026
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Late Stage Capitalism

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[–] sefra1@lemmy.zip 16 points 1 week ago* (last edited 1 week ago) (3 children)

You must be delusional if you think anything good will come of digital euro.

It will be nothing but a mass surveillance tool. And another step towards the abolition of cash.

[–] Randelung@lemmy.world 32 points 1 week ago (1 children)

As opposed to Visa/Mastercard?

Currently, there are only concepts and promises. They promise the wallet will be p2p, anonymous, and non-traceable. We'll see if that's the case.

[–] BygoneNeutrino@lemmy.world 6 points 1 week ago* (last edited 1 week ago) (1 children)

I still don't understand what Visa and MasterCard do that justifies 5% of every transaction. Computers have made their job infinitly easier, yet their fee has remained the same.

It's called "we're a duopoly so fuck you guys"

[–] cabillaud@lemmy.world 4 points 1 week ago

It's amazing how people can't see that cash is the next freedom they will take awzy from us.

[–] iglou@programming.dev 0 points 1 week ago

There isn't much more they can surveil with a digital euro that they can't yet with how banking works today. Everything is controlled.

So, between a controlled banking system and a controlled bankless/facilitatorless digital euro, I'll pick the one that doesn't give away my money to the financial world.