this post was submitted on 07 Jun 2026
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Digital euro projects claims that it will solve that issue. If they will go with current design it will be more private, better and more convinient than cash. It will work offline p2p and without global transaction tracking. And it will not be dependent on a single company.
more private than cash, that is not possible. also I don't see how could it work fully offline
Normal cash can be tracked. Each buck has a serial number. While with digital euro it does not have to be that way. While we do not have implementation yet, it most certanly is possible to develop something that is less tracable that cash. One example qould be monero crypto currency that is more private and more anonymous than cash. While I do not think privacy will go this deep, I think Implementation of privacy would be comparable to cash transactions.
About it being offline: If you have a transaction I signed with my private key for example over NFC you do not need it to be online at all. You can always prove I paid you.
https://en.wikipedia.org/wiki/Digital_euro