Digital Euro: Because Apparently, Cash Isn’t Enough 🙄
Apparently, a whopping 66% of all card transactions in the Eurozone are handled by non-European entities. 66%! That’s…a lot. And with that comes fees. And risks to monetary sovereignty. Which sounds awfully dramatic, doesn’t it? Like the Euro is a fragile porcelain doll that might shatter if someone uses an American credit card. Cipollone also mentioned these “stablecoins” coming out of the US – the “Genius Act,” they call it. Clever name. Just absolutely brimming with humility. It’s like a digital arms race, only with money. And the potential for things to go spectacularly wrong. 🤯