alt Hacker News> since there’s no way to consistently send money electronically across the world
In theory there'd be SWIFT, but that's too slow and expensive.
The EU has the SEPA, but few other countries actually care about joining or replicating that success.
> since there’s no way to consistently send money electronically across the world
In theory there'd be SWIFT, but that's too slow and expensive.
The EU has the SEPA, but few other countries actually care about joining or replicating that success.
The EU is also working on a digital Euro [1] that is supposed to roll out to the whole EU and support digital payments without any fees. Let's see, if they succeed with that, but if they do it would be great.
[1] https://www.ecb.europa.eu/euro/digital_euro/html/index.en.ht...