Berliners will soon have to pay fees and other payments to the administration via the payment system Wero. This was decided by the digital committee of the House of Representatives, according to a report by Rundfunk Berlin-Brandenburg (RBB).
Wero – a combination of We and Euro – is a digital payment service that allows money to be transferred by providing a mobile phone number or an email address. It is intended to be positioned against US payment services such as Paypal.
I’d prefer it is there was a crypto of the Euro. Then transfers can be peer to peer without any middle man, and middle man costs. With all open technology and assuming zero trust. It won’t have the wild value swings because it is a real, regulated and controlled currency. Take the advantages and leave the anarchism.
They are working on it: https://www.ecb.europa.eu/euro/digital_euro/html/index.en.html
Think a few countries are. We’ll get open, trustworthy, p2p digital currency transfer one day!
That’s controlled by the central bank, it’s the opposite of decentralised
That’s good to keep it fixed value. The transfers are decentralised but it is attached to something real. All the benefits of crypto without the dangers.
They say it works offline so looks like it’s P2P. If you want something not controlled by banks there’s BTC. If you want to pay with it in stores/restaurants it has to backed by some legal entity.
If also need to be stable. If you want a stable currency, which you do, you need control to correct it. Which is what central banks do. All we really want from crypto is open, trustworthy, p2p transfer.
Fixed that for you.
There would be the mining if the currency is the Euro. Can’t have people making Euros, it would destabilize the currency. So no mining, so different model, with different processing requirements.
So currency, but worse, thanks, love that
It will be just cash, digitally. No wild value swings or mad mining rush. Money should be boring.
Part of how you keep it like that is you control the supply. Plus with an existing currency, no need to convince anyone anything. Normies go cross eyed when you explain value is all just belief. Economists get that, but they also get the need to be able to stabilize your currency. The belief in that control is as stabilizing as the control of supply of currency.
I just want currency in digital form that is secure and open source. We know how to do that. Have for a while now. Just take a while more to do it.
Death to systems like WorldPay.
That can be done without Crypto shit burning up the planet.
The problem you have with it is really the mining. Not the distributed block chain ledger.
I can’t imagine any way to do crypto without that shite
You can do blockchain without mining. You can do distributed blockchain without mining, just not in the same manner. And it can be cheaper than bitcoin mining, for example proof of stake.