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submitted 1 year ago by sexy_peach@feddit.de to c/europe@feddit.de

They're not worth anything, never were but even less through the years with inflation.

If a store wants to sell something for 99 cent, they can either just take 1€ or 95 cent.

Maybe even 5 cent pieces? But that would be a bit radical.

I am a bit annoyed that easy ideas like this are never discussed in politics, or wherever. It would make our lives just a little bit easier, and having them achieves NOTHING.

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[-] nachtigall@feddit.de 1 points 1 year ago

I am in favour. But let's go ever further and get rid of cash entirely.

[-] bad_alloc@feddit.de 0 points 1 year ago

Privacy and transactions without internet connection?

[-] nachtigall@feddit.de 1 points 1 year ago
[-] Username@feddit.de 2 points 1 year ago

ECB is working on the "digital Euro" right now, and I'm almost completely sure it won't enable offline payments, simple peer to peer transactions or even anonymous payments. It's a real shame, because GNU Taler is interesting and the crypto should be explored further.

[-] nachtigall@feddit.de 2 points 1 year ago

The 2020 report of the ECB actually states offline payments as a desired feature and to work overall "like cash". Anonymous payments, however, are ruled out (money laundering bla bla, probably a rather weak argument considering Taler's characteristics).

[-] Username@feddit.de 1 points 1 year ago

Okay, offline payments might work between a shop terminal and a customer, but what is as if not more important is the ability to easily give money to a friend privately, which I don't see.

[-] Helix@feddit.de 0 points 1 year ago

Did you see this in widespread use anywhere?

[-] nachtigall@feddit.de 0 points 1 year ago

No, but I also didn't see contactless payment methods being widely used until the pandemic.

[-] DevilOfDoom@lemmy.one 0 points 1 year ago

Where do you live?

I could pay contactless almost anywhere before the pandemic. You might get weird looks at the bakery if it was like 2€, but that was it.

[-] nachtigall@feddit.de -1 points 1 year ago

Germany. You could do card payments but only by sliding your card into a card reader. NFC payments were pretty much non-existent. Third world country 🫠

this post was submitted on 18 Jun 2023
27 points (93.5% liked)

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