this post was submitted on 29 Feb 2024
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As long as it can continue to be devalued through inflation and central banks— then, yes.
But unlike cash every purchase you make can be traced with a digital euro.
Orwellian
It's possible to implement it in a way that purchases can't be traced. XMR has proven that. But there is absolutely no way the EU is going to take that route, it will for sure be traceable
This depends on how the system is going to be designed and implemented.
Dont worry about that people will call u paranoid for saying it.
This guy gets it
you use anything other than cash?
if the answer is yes, you don't get it
Naw, digital transfers are convenient saving both time and money for me and everybody else. However, trying to force people into digital transactions, or remove cash entirely is a huge problem. I always have a decent amount of hard currency on me, and occasionally use that money.
The majority of my transactions are done digitally however, purely because of convenience.
I use digital transactions not for convenience, but when they're unavoidable, such as paying a person in another city or paying for an online order that wants you to pay in advance. For everything else (including most online orders) - cash rules.