ECB: “The digital euro will not be programmable”
Fabio Panetta, a member of the board of the European Central Bank, said that the digital euro does not involve the ability to set limits on how funds can be spent. This is one of the main concerns in society regarding the proliferation of Central Bank Digital Currencies (CBDCs), since today’s technology will allow it to happen. Well, we’d like to believe… But today it’s one thing, and tomorrow another.
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Fabio Panetta, a member of the board of the European Central Bank, said that the digital euro does not involve the ability to set limits on how funds can be spent.
This is one of the main concerns in society regarding the proliferation of Central Bank Digital Currencies (CBDCs), since today's technology will allow it to happen.
Well, we'd like to believe… But today it's one thing, and tomorrow another.
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