Sunshine@piefed.caM to Buy European@feddit.ukEnglish · 1 day agoAfter US stablecoin laws: EU wants to hurry up with the digital eurowww.heise.deexternal-linkmessage-square24linkfedilinkarrow-up163arrow-down12
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 · 1 day agomessage-square24linkfedilink
minus-squareJumpyWombat@lemmy.mllinkfedilinkEnglisharrow-up45·1 day agoThe digital euro won’t be a crypto. It will compete with Visa and Mastercard (which are American).
minus-squarex00z@lemmy.worldlinkfedilinkEnglisharrow-up18·1 day agoIt’s meant as a wallet and not a bank account. So more of a PayPal alternative.
minus-squareJumpyWombat@lemmy.mllinkfedilinkEnglisharrow-up3·20 hours agoYes, it will work more or less that way, but it won’t rely on Visa or Mastercard.
minus-squareKühlschrank@lemmy.worldlinkfedilinkEnglisharrow-up12·edit-21 day agoCouldn’t happen too soon, Visa and Mastercard extract wealth with literally every purchase on their network
minus-squareboonhet@sopuli.xyzlinkfedilinkEnglisharrow-up2·3 hours agoThat doesn’t compete with those fully either lol, competes more with SEPA if you ask me
minus-squareDreasNil@feddit.nulinkfedilinkEnglisharrow-up1·3 hours 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-down2·1 day 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