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.
Let everyone carry around large amounts of cash on a regular basis, there is no way that could be exploited by criminals. Or even better, valuable metals like gold so the stolen money is not even traceable as being stolen.
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Virtually every scam used today was first invented back when cash was the only form of payment.
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