• tal@kbin.social
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    1 year ago

    Relative to some other digital system, this is what WP has as ECB goals:

    https://en.wikipedia.org/wiki/Digital_euro

    > > > Arguments and motives for the introduction of a digital euro are, according to the ECB: > > > > * Maintain the role of central bank money as a monetary anchor for the payment system. > * Provide free digital access to a secure legal tender in the Eurozone > * Expanding payment options through alternative central bank money alongside cash and book money in commercial bank accounts, contributing to availability and inclusion > * Building trust in digital cash through a high level of privacy protection > * Promote innovation in retail payments > * Limiting the spread of foreign digital currencies to safeguard the financial stability and monetary sovereignty of the Eurozone > >