Oh, 100%, it’s core infrastructure!
It’s just mad to have that privatised. And held by monopolies. From an unstable third-world country.
In EMU we just got/are getting Wero, which is getting adopted to serve this purpose (and in the same way as payment cards too, eventually).
(Basically all the big banks already support it, even tho they many offer similar in-house services, and the countries/makers are set for adoption in the coming years. Overall the initial one-time infrastructure cost per bank is laughably minimal, basically less than annual fees to MasterCard/Visa.)
We however don’t have a clear timeline on digital Euro, a digital currency that can be used as regular “traceless” “cash” (that means offline as well) payments.
Oh, 100%, it’s core infrastructure!
It’s just mad to have that privatised. And held by monopolies. From an unstable third-world country.
In EMU we just got/are getting Wero, which is getting adopted to serve this purpose (and in the same way as payment cards too, eventually).
(Basically all the big banks already support it, even tho they many offer similar in-house services, and the countries/makers are set for adoption in the coming years. Overall the initial one-time infrastructure cost per bank is laughably minimal, basically less than annual fees to MasterCard/Visa.)
We however don’t have a clear timeline on digital Euro, a digital currency that can be used as regular “traceless” “cash” (that means offline as well) payments.
I once again nominate dollarydoos for the name of the digital currency, on grounds that it’d be funny.