Sunshine@piefed.caM to Buy European@feddit.ukEnglish · 3 days agoAfter US stablecoin laws: EU wants to hurry up with the digital eurowww.heise.deexternal-linkmessage-square24fedilinkarrow-up164arrow-down13
arrow-up161arrow-down1external-linkAfter US stablecoin laws: EU wants to hurry up with the digital eurowww.heise.deSunshine@piefed.caM to Buy European@feddit.ukEnglish · 3 days agomessage-square24fedilink
minus-squareJumpyWombat@lemmy.mllinkfedilinkEnglisharrow-up45·3 days agoThe digital euro won’t be a crypto. It will compete with Visa and Mastercard (which are American).
minus-squarex00z@lemmy.worldlinkfedilinkEnglisharrow-up18·3 days agoIt’s meant as a wallet and not a bank account. So more of a PayPal alternative.
minus-squareJumpyWombat@lemmy.mllinkfedilinkEnglisharrow-up3·2 days agoYes, it will work more or less that way, but it won’t rely on Visa or Mastercard.
minus-squareKühlschrank@lemmy.worldlinkfedilinkEnglisharrow-up12·edit-23 days agoCouldn’t happen too soon, Visa and Mastercard extract wealth with literally every purchase on their network
minus-squareboonhet@sopuli.xyzlinkfedilinkEnglisharrow-up2·1 day agoThat doesn’t compete with those fully either lol, competes more with SEPA if you ask me
minus-squareDreasNil@feddit.nulinkfedilinkEnglisharrow-up1·1 day agoAs far as I understand, Wero is just an alternative to Swish, which has been around for like 10 years. And that is definitely not an alternative to Visa/MasterCard.
minus-squareamino@lemmy.blahaj.zonelinkfedilinkEnglisharrow-up2arrow-down2·2 days agoif it adopts the Ethereum blockchain or a proof-of-work model it may prove just as harmful
The digital euro won’t be a crypto. It will compete with Visa and Mastercard (which are American).
It’s meant as a wallet and not a bank account. So more of a PayPal alternative.
Yes, it will work more or less that way, but it won’t rely on Visa or Mastercard.
Couldn’t happen too soon, Visa and Mastercard extract wealth with literally every purchase on their network
That’s Wero
That doesn’t compete with those fully either lol, competes more with SEPA if you ask me
As far as I understand, Wero is just an alternative to Swish, which has been around for like 10 years. And that is definitely not an alternative to Visa/MasterCard.
if it adopts the Ethereum blockchain or a proof-of-work model it may prove just as harmful