Now commercial banks create loans and therefore currency.
Central bank wants to remove the middleman (banks) so to say. They don't like competition in defrauding.
Discussion
Commercial banks cant move a finger without central banks. Central banks are running the show anyway. They set up rules for commercial banks, and they do print money when needed. Its not like commercial banks somehow make things better.
Commercial banks create de facto and de jure credit which the central bank does not (yet?)
And yes the commercials do have to play within the ruleset but they do cheat a lot and bend the rules to their liking.
I don't support what they became but I see that commercials aren't the sole bad guy in this story.
Oh that for sure. I see them as one. Same. Like, wolf from one side and wolf in sheep's cloths on another. One of them is pack leader and is leading the pack.
Loosing half of bad system (for example if we skip over commercial banks) wont' make it better or worse is where i am at the moment.
And more i read on digital Euro i hate it less. I wont ever be able to like it, it's still fiat, but it does have certain characteristics i really want to see in currency that i use.
It's like, now, they can do all negative shit people can dream of without anything new and positive. With digital euro, they can do that same negative shit but with some positives. So if i have to live in a world with shit currency (and i do), than at least let's get something out of it. I won't be selling my Bitcoin because of it. I don't think it will have positive effect on native characteristics of fiat. Far from it. Who knows maybe ill be buying even more because it might free up some of my money.
But it can have good political effect (skipping Visa and Mastercard for example is a huge deal) and it could lower outside pressure and outside control.
There is one thing i hate even more than system i live in negatively influencing me. It's when system i don't live in negatively influences system i live in and as effect me directly. If we can reduce that second thing while not loosing anything in particular, I'm ok with it.
Agree. That's why bitcoin is important. And the faster bitcoiner create a network of accepting the same unit of account peers the less impact has the retard control system.