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EU CBDC will have limitations intended to protect the banks not the consumers

ECB blog:

"Individual digital euro holdings would be limited.

Merchants would be able to receive and process digital euro, but would not be able to hold them at all ‒ protecting the corporate deposit base of the banking system.

Moreover, digital euro holdings would not accrue interest."

https://www.ecb.europa.eu/press/blog/date/2024/html/ecb.blog20240219~ccb1e8320e.en.html

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MrShroom🍄 1y ago

As for now cbdc is being designed to serve cross bank settlements and reserve.

Let it stay that way.

Let them have their digital shitcoin.

We should be worried when they start running campaigns about removing cash from the system.

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