European News 🇪🇺Dec 29

The EU will launch the digital euro as a 100% European digital payments system to replace reliance on Visa, Mastercard, and Apple and Google Pay, with the European Central Bank issuing a digital form of cash. It will be built entirely in Europe, have zero transaction fees, instant payments, and strong privacy, giving the EU full control over its payments infrastructure.

https://www.independent.ie/business/digital-euro-what-it-is-and-how-we-will-use-the-new-form-of-cash/a165973061.html

(https://archive.ph/ERzTA)

Digital euro: what it is and how we will use the new form of cash

It’s January 1, 2029, the first day of the digital euro. You are in a shop buying milk and bread, and decide to pay with this new money. How exactly will it work?

Irish Independent
Show threadLonMDec 29
@eunews I can't read the linked article. Will it use something like GNU Taler - be fully open source, transparent, interoperable, and buyer-private? Or will development and maintenance be outsourced to a private company with everything funnelled through a closed source app.
Show threadmomoDec 29

@LonM @eunews

Here you go:
- https://archive.is/0KvH3
- https://en.wikipedia.org/wiki/Digital_euro

No it will not be GNU Taler.

Show threadSibshopsDec 29

@momo @LonM @eunews

Oh wow, the wikipage really needs a cleanup. I should probably fix it.

Show threadSibshops
@momo @LonM @eunews I ended up rewriting... a lot of it. It had a lot of "pros vs cons" originally, but didn't actually say what it was. It should help to answer some of his questions.
Dec 29 at 7:02pmWeb
Show threadmomoDec 29
@Sibshops @LonM @eunews I've seen it. Thank you.