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Joined 2 years ago
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Cake day: March 28th, 2024

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  • Sure.

    The premise is to bring down costs, and not be free. This is a reality where we can share media we buy, because we own them again.

    So you can kind of imagine the world 20-30 years back with VHS and DVDs. Just in the digital world.

    Fewer people would buy the content, and less shareholders will be rich. Actors will also not go for multi million dollar salaries. But actors would still exist.

    You can argue that this will bring down the number of movies, but most likely there will just be alot of small studios making movies instead of Netflix and Disney controlling the market from start to end.

    There will be a much larger varaity in movies, and not that many reboots of past succes from the VHS/DVD age.










  • The purpose is to boost European companies. Right now they pay between 1-3% of every single transaction.

    Next, banks will also get hit. If a digital Euro exists, bank transactions will go down, meaning less transaction fees for both consumers and companies.

    Then there’s convinience. People will be free to transfer money across the continent, and also to friends and family without any costs (some countries have that, some dont).

    VISA and MasterCard is just a very unneccesarry middle man in 2025.

    Who takes the bill then? Well, the EU does, because they work for the people, and the money gained is much larger than money spent. Net positive matematics.