The digital euro “would end the problem of banking crises,” which “wouldn’t happen with a safe asset, the digital euro,” Fernández Ordóñez added — meaning the bulk of banking regulations, and the risk of taxpayer bailouts, could be removed too.
It is incredibly naive to think that people who came up with hundreds of way to exploit a physical currency couldn’t come up with variations of the same or entirely new ways to exploit a digital one…or just an opportunity to push their anti-regulation stance because they want to be among those people.
Yeah, that’s never going to happen.
It is incredibly naive to think that people who came up with hundreds of way to exploit a physical currency couldn’t come up with variations of the same or entirely new ways to exploit a digital one…or just an opportunity to push their anti-regulation stance because they want to be among those people.
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