this post was submitted on 16 Jul 2025
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I hope that the EU creates a digital currency system that is universal, and for privacy coins to become common. I don't want to deal with American payment processors, because they want to prevent me from supporting the people who make my life better.
Payment should be a dumb pipe, allowing me and you to uphold the social contract.
The EU is investigating a digital euro, but you won’t be pleased to learn that one of the key reasons is to increase tracking and compliance. Meaning their stated goal is to be able to restrict how the currency is used, by who, when, and on what. The EU is the very last organisation to ever create and maintain an anonymous and agnostic currency. We have that already with monero.
One protest away from being banned from using currency, from purchasing or even getting paid. Why invest in military police when you can just mass ostracise dissenters with one click
Exactly. That level of control scares me.