A Payment System Made in Europe?
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How will we pay in the future? And can the EU build a payment system of its own? Introducing the digital euro: a new digital form of cash issued and guarante...
  • ShyFae@piefed.blahaj.zoneEnglish
    2·
    1 month ago

    After looking at the offline payments, feel a little risky and exploitable.

    I very much want something like this, and hope my fears will be quelled before it’s official release.

    • the_swagmaster@lemmy.zipEnglish
      1·
      1 month ago

      I though the same but, tbh, cash can be similarly exploited (people can steal your wallet) but at least your phone has a passcode on it. Maybe there are other, unique ways for this to be explained that cash wouldn’t have that I’ve not thought about.

      We’ll see what this actually shapes up to be. I guess not that dissimilar to a hardware crypto wallet?

      • john_t@piefed.worldEnglish
        2·
        1 month ago

        And the digital euro wallet will have a maximum amount as a limit, so it’s not like people can lose all their life savings.