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.
You know people get scammed more often than robbed right?
Virtually every scam used today was first invented back when cash was the only form of payment.
And yet its not robbery with force… My point wasn’t that it solves scams at all.