It might stifle innovation: okay… where has that been up until now?
The ECB has already made concessions to appease banks, the digital euro will have a 0% intrest rate for example so banks should still be more appealing to store money in… Not that i’ve seen an intrest rate at a bank above 2% since 2008, but hey… Room to innovate…
Germany doesnt like the idea of potential snooping… So i guess they trust big american corporations more than an institution they have an actual say over?
I dont see a real downside to trying it, other than upseting american companies and special interest groups, and i’d much prefer this to some crypto bullshit
So the right is against it: good
The banks are against it: probably still good
It might stifle innovation: okay… where has that been up until now?
The ECB has already made concessions to appease banks, the digital euro will have a 0% intrest rate for example so banks should still be more appealing to store money in… Not that i’ve seen an intrest rate at a bank above 2% since 2008, but hey… Room to innovate…
Germany doesnt like the idea of potential snooping… So i guess they trust big american corporations more than an institution they have an actual say over?
I dont see a real downside to trying it, other than upseting american companies and special interest groups, and i’d much prefer this to some crypto bullshit