Payments is Sovereignty.
The EU is just realizing this now.
Fortunately on #nostr, we've known this all along and enabling every individual.
https://www.ecb.europa.eu/press/key/date/2025/html/ecb.sp250904~70ab593276.en.html
Payments is Sovereignty.
The EU is just realizing this now.
Fortunately on #nostr, we've known this all along and enabling every individual.
https://www.ecb.europa.eu/press/key/date/2025/html/ecb.sp250904~70ab593276.en.html
Cashu and Fedimint can accomplish these goals but they want an easy way to take people's freedom based on their identity in the next "emergency."
I am viewing Cashu as a payment instrument managed by a wallet that has its own generated identity. Whether individuals want to associate with their social identity, that's their choice, but I've made the decision to keep the payment system as cash-focused as possible with no personal information.
"For example, if a cyberattack caused the outage of a bank’s own app, but the bank’s backend services were still functioning, customers would still be able to access their accounts with that bank through the ECB’s digital euro app. Or if a bank became unable to operate at all, its customers could use the ECB’s digital euro app to easily switch to a bank that has not been affected by the cyberattack."
These dinosaurs are clueless. If they implement that, all banks will be hacked.