- cross-posted to:
- buyfromeu@feddit.org
- cross-posted to:
- buyfromeu@feddit.org
Bye bye Visa, Mastercard, Paypal, and many others. They can go and play “America First”. We’ll have our own independent system by november 2025.
You must log in or register to comment.
A belated clarification:
It does not appear that there are plans for a European Credit Card.
However, …
- There is the semi-private online payment system called WERO, meant as a competitor to Paypal
- There are plans for a Digital Euro (D€) system by the ECB
This is referring to the plans to create digital euro with GNU Taler, right?
GNU Taler (Taxable Anonymous Libre Electronic Resources) is a new secure electronic payment system based on open standards, free software, and advanced cryptography. GNU Taler provides privacy guarantees to the buyer while offering the possibility to audit merchants, making sale incomes transparent and fraud difficult. To online merchants and retailers, GNU Taler offers instant transaction clearance without risks of fake payment methods. Computations needed to clear the payments are efficient and scalable so that banks can pass on lower transaction costs to consumers and merchants. Consumers can withdraw money from their existing bank account into their GNU Taler wallet, detaching their spending habits from scrutiny, in the way cash does.
The NGI TALER project is funded under Horizon Europe (Pilots for the Next Generation Internet) with the aim of bringing GNU Taler to market across Europe.
are we getting closer to what they have in China 🇨🇳 where by the flip of a switch, the Government can make anyone a hobo whenever they wish?
OK. I’m out of this conversation. Nothing can be a positive outcome of this conversation. So I admit: The European Union is working on the behalf of China, with a hidden authoritarian agenda who wants to make all EU citizens helpless peasants. All actions the EU are taking are not real. They just want to screw us up. I’m moving to the US. Maybe I’ll be better off. (note: sarcasm)
Clearly they weren’t asking that question in good faith, but you countered by cranking the bad faith up to eleven.
I also have concerns with central banks; however, I still appreciate you making this newsworthy OP. Don’t stress if everyone doesn’t share the same opinions. This would be a boring place if everyone was just reiterating why they agree with each other. ✌️
Right now the corporations OP listed can already do that. If you don’t want anybody else to be in charge of your money, then go use crypto.
