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.

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    • jabjoe@feddit.uk
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      2 days ago

      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.

        • jabjoe@feddit.uk
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          1 day ago

          The problem you have with it is really the mining. Not the distributed block chain ledger.

            • jabjoe@feddit.uk
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              21 hours ago

              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.

                • jabjoe@feddit.uk
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                  17 hours ago

                  Crypto doesn’t have to be like that. I agree it isn’t a controlled currency. That was by design, but it is why it swings so wildly. I’m unconvinced it will ever stabilize. A country/trade-block will want to have ways to control the value to stabilize it.

                  As for funny money, well, money is just units of value that people agree the value of. It’s all just belief based. Even if it is gold backed, which I don’t think any are now today. If Musk found a massive gold asteroid, the value of gold would drop as he brought it to Earth. Even if there isn’t really a gold asteroid. Just mass believing there is, reduces the value of gold. Everything’s value is from our believe of it’s use, scarcity and what we think everyone else value for it is. It’s all funny money really!

                  • gwl [he/him]@lemmy.blahaj.zone
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                    10 hours ago

                    To be fair, if Musk found a massive gold asteroid it’d have no effect on the economy cause that stupid greedy Nepo baby would keep it all to himself.

                    You keep skirting around the key point of ENVIRONMENTAL DAMAGE, as if you don’t have an answer and so are intentionally avoiding the question btw.