be careful. stablecoins are a step towards central bank digital currency. once CBDC is established, it’s all over for freedom to spend money.
Comment on Itch.io is delisting NSFW games due to pressure from payment processors
qyron@sopuli.xyz 3 weeks ago
Let the Digital Euro become a thing. It will wreck havoc on the current payment ecosystem.
And the Digital Euro is not a crypto. It will be a digital currency, backed by the ECB, at a one to one exchange rate with standard euro currency.
thr0w4w4y2@sh.itjust.works 3 weeks ago
Appoxo@lemmy.dbzer0.com 3 weeks ago
You can still pay with gold and silver.
ICastFist@programming.dev 3 weeks ago
Time for Brazil’s PIX to be exported around the world. That’s likely to be hard, as here it is a direct bank-to-bank transfer without middlemen, so it’d need cooperation between the involved countries.
qyron@sopuli.xyz 3 weeks ago
You’re describing the same system behind Wero and MBWay. We can just use cellphone numbers to move money from account to account, regardless of the banks at each end of the transaction.
Jackhammer_Joe@lemmy.world 3 weeks ago
Euro(pe) is the MVP
qyron@sopuli.xyz 3 weeks ago
It has its moments.
network_switch@lemmy.ml 3 weeks ago
The various groups trying to ban payments for NSFW products and whatever else they don’t like would just target the ECB and member states to restrict transactions they don’t like
Jackhammer_Joe@lemmy.world 3 weeks ago
Sure. Targeting a central bank and several independent nations will be as simple as pressuring two US companies. /s
network_switch@lemmy.ml 3 weeks ago
You’re a dick. Hope you get better
Practically the whole world has been having an authoritarian/conservative shift. I would not expect the EU and ECB to be a progressive force for sex work. The EU has been pushing to break encryption for a solid decade now. Visa and Mastercard process 90% of transactions outside of China. They’re huge. I don’t see why ECB leadership would be particularly less conservative and risk averse than Visa and Mastercard. Bankers are usually on the conservative side of politics
JustARaccoon@lemmy.world 3 weeks ago
I mean the issue here is not with the money itself, it’s the payment processors
qyron@sopuli.xyz 3 weeks ago
The eEU is supposed to be one, itself. And even if it fails Wero and MBWay are growing, which are direct money transfer systems.