“It’s as if cash did not exist, and the industry argued it was unfair because merchants have to accept it, and users don’t pay a fee,” Peter Norwood, a researcher at Finance Watch, a European non-profit that aims to reform finance in the public interest, told Euronews.

“Cash is a public good. That is what the digital euro is meant to preserve in the digital age.”

The only obstacle to this very great thing are the lobbying bastards who just want to continue hoarding cheap money. And it appears there one Spanish ex-banker - Navarrete - in the EPP sweating since years to slow it down. I wish him all the worse.

Why do Europeans vote more and more self interested pricks who work actively against European welfare? The idiocy.

Of course banks and crypto bros complain, they only care about their own business model. This is exactly why we need the digital euro.

The digital euro won’t require the use a smartphone! That means no more Google and no more Malus necessary to spy on our transfers. if Wero can do the same, fine, but they refuse to decouple from the US, so fuck them (until they decouple).

His conduct in parliamentary negotiations, his public speeches and his appearances at industry events all suggest a preference for private-sector solutions over the digital euro.

Navarrete has an extensive background in the banking sector. He held several high-level positions at the Bank of Spain and served as the director of finance at the Spanish Official Credit Institute.

Ah fuck… why do we let these people into positions where they can kill off competition? Fuck this dude. And of course he’s a right-winger. Would you look at that! Another corrupt anti-European from the right-wing ranks.

Make Wero good, and the standard. I want to be able to buy from a website using Wero, not Visa/Mastercard/Paypal.