The digital euro – unifying and trustworthy
· Joachim Nagel, President of the Deutsche Bundesbank (Germany)
Summary written by Dark Majestic in its own words · topics: payments, digital money and crypto-assets, technology, ai and cyber risk
JN · Joachim Nagel Wiki · Deutsche Bundesbank WikiThe digital euro – unifying and trustworthyContextText of the Vigoni lecture by Joachim Nagel, President of the Deutsche Bundesbank, Rome, 24 June 2024.
Why it mattersThe Bundesbank president explains how holding limits for a digital euro would work.
Problems raised- People doubt the digital euro.
- Holding limits could cause problems.
- Trust must be built.
Solutions proposed- Use a reverse waterfall from bank deposits.
- Make the digital euro unifying.
- Explain its trustworthiness.
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