Digital euro may have transaction limits and store-of-value caps \ stacker news ~bitcoin

Digital euro may have transaction limits and store-of-value caps www.theblock.co/post/183646/digital-euro-transaction-limits-store-value-caps

443 sats \ 5 comments \ @kr 7 Nov 2022 bitcoin

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21 sats \ 0 replies \ @tim_nice_but_dim 7 Nov 2022

Central planners gonna central plan. Digital Euro gonna get a slap in the face by free market forces.

20 sats \ 1 reply \ @HODL 7 Nov 2022

Panetta also pointed toward a €50 cap on transactions, citing anti-money laundering provisions.

I usually pay more for a taxi ride. Will I have to pay two transactions? Digital Euro looks like the worst shitcoin ever. If this won't get people into Bitcoin, nothing will.

11 sats \ 0 replies \ @orthzar 7 Nov 2022

A €50 cap would be especially cruel during this high-inflationary period.

Digital Euro looks like the worst shitcoin ever. If this won't get people into Bitcoin, nothing will.

Firm agree. We are at that point where nation-states are going to provide the best reason to adopt Bitcoin. And if Bitcoin doesn't achieve incredible adoption rates before too long, it will be too late for everyone.

0 sats \ 0 replies \ @BLOCKNERD 7 Nov 2022

Decentralised is Decentral by design. Blockchain is revolutionary by decentralised design. Then how can a centralised CBDC design be scary if it's a centralized design?

0 sats \ 0 replies \ @Stacking_to_infinity 7 Nov 2022

Bitcoin is the way(with the sound of the Mandalorian)

This is just the start of what is too come