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.
Well, they kinda did. They always do. Otherwise they’re not really a bank are they? That’s fine of course though as long as they’re taking money to fulfill their job as a bank, not as a bailout because they failed to do so yet remain privatized for some reason (we all know why).
Ah yes, the reduction to luddism. Advanced tech can be implemented in an user-respecting way or make a great tool for totalitarian governments to come. With this and Chat Control, the EU went on a very worrying course of total invigilation.
Does it make me afraid of this new technology? Sure. Do I keep paying with cash because I like coins clinking in my pocket? No, I hate carrying coins but the alternative of giving the oppressor information about my every step is so much worse.
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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.
The Digital Euro will be like gay marriages: if you don’t like it, just don’t have one 😉
The opposition, as you said, comes essentially from lobbies.
Well, they kinda did. They always do. Otherwise they’re not really a bank are they? That’s fine of course though as long as they’re taking money to fulfill their job as a bank, not as a bailout because they failed to do so yet remain privatized for some reason (we all know why).
I know, i was just making a humourous addition to the whole “digital euro will steal your money” conspiracy theory :D
Heh I get it now!
Ah yes, the reduction to luddism. Advanced tech can be implemented in an user-respecting way or make a great tool for totalitarian governments to come. With this and Chat Control, the EU went on a very worrying course of total invigilation.
Does it make me afraid of this new technology? Sure. Do I keep paying with cash because I like coins clinking in my pocket? No, I hate carrying coins but the alternative of giving the oppressor information about my every step is so much worse.