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PaperclipPerfector  5mo ago (text post)   3700 thread views

Friday Fun Thread for February 13, 2026

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That is 100% what they want. In the US there's still that old anarchistic streak alive, but in Europe push for digital money (controlled by the governmental Central Bank, of course) is in full swing. Not sure it'll be successful - when I was in Berlin some years ago, I was astonished how many places didn't accept anything but cash - but they will definitely try to push cash as much to the sidelines as possible.

EU has regulation confirming the availability of cash as a legal tender in the legislative pipeline, though.

The new push for digital euro is about hopefully eventually replacing Visa/Mastercard as digital payment structure (for obvious sovereignty reasons, especially considering the recent events in US/EU relations).

Getting from under the US financial boot is one of the reasons, but I suspect the control that CB would enjoy over any digital currency is another (actually very similar - EU doesn't like US controlling their finances, but they very much would like the same power for themselves).

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