• ᴅᴜᴋᴇᴛʜᴏʀɪᴏɴ@lemmy.world
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    1 year ago

    Well, the euro in your bank account is owned by the bank (they have custody) and nominally assigned to you.

    A digital CBDC euro would be owned directly by the government, kept in an “account” controlled directly by that same government, which then they will allow you to use “your” (their) money.

    The differences would have been more obvious 50 years ago when bank balances weren’t just numbers on a screen like today.

    • KISSmyOS@feddit.de
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      9 months ago

      I trust my government more than a bank, though.
      If you’re American, I don’t expect you to understand.