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2019-10-07 09:07:04

Germany’s Finance Minister sides with digital euro

Germany’s Finance Minister and Vice-Chancellor Olaf Scholz upheld his claim for a digital euro, taking a jab Facebook’s digital currency Libra, at the same time. With the internet revolutionizing the way we communicate, the radically-evolving technologies are challenging the way money could work for us in the future. From hard cash to electronic cards and now cryptocurrencies, today’s financial technology is all about making payments platform more user-friendly. But will this mean an end for fiat money? No, they would metamorphosize into digital forms. The idea behind digital euro Thus, the concept of a national digital currency has gained momentum