I meant digital dollar and digital euro, you won't need Visa and Mastercard anymore.
Dollar is already "digital", and has been for the last 50 years or so.
I meant this https://www.federalreserve.gov/central-bank-digital-currency..., this https://en.wikipedia.org/wiki/Digital_euro and this https://en.wikipedia.org/wiki/Digital_renminbi
It's just buzzwordy bullshit. The European system is just a classic credit/debit system. The Chinese system is a bit more sophisticated, with offline capability and smart contracts.
But it doesn't use any distributed proof-of-work/stake stuff.
Dollar is already "digital", and has been for the last 50 years or so.
I meant this https://www.federalreserve.gov/central-bank-digital-currency..., this https://en.wikipedia.org/wiki/Digital_euro and this https://en.wikipedia.org/wiki/Digital_renminbi
It's just buzzwordy bullshit. The European system is just a classic credit/debit system. The Chinese system is a bit more sophisticated, with offline capability and smart contracts.
But it doesn't use any distributed proof-of-work/stake stuff.