The launch of the digital euro could give every European a free, universal payment account. But this grand vision is at risk of being curtailed by a well-coordinated lobbying campaign of the banking industry. Banks want to make sure you will keep needing them – and they have EU officials’ ears.
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The only thing anyone is scared about with Bitcoin is that it will burn so much energy that it will accelerate climate change. As a currency it failed years ago in case you haven’t noticed.
No one is scared of bitcoin. You can’t use it down your local shop to buy your groceries with. This EU digital currency can do that.