Behind most card payments in Europe stand two American giants, Visa and Mastercard – a dependence recently thrust into the spotlight. After issuing an arrest warrant for Israeli Prime Minister Benjamin Netanyahu, several judges at the International Criminal Court were sanctioned by Washington, leaving them unable to use their bank cards – even on European soil.
The digital euro: Europe’s bid for financial sovereignty • FRANCE 24 English
https://www.youtube.com/watch?v=Wb-6JyrFPKo
12 Comments
r4mp@lemmy.zip · 18 pts · 153d
Even better, it would be to use GNU taler https://www.taler.net/
deafboy@lemmy.world · 7 pts · 153d
IANAL, but 3rd party payment gateways cannot legally accept anonymous electronic payments for the merchants in the EU. So even the projects like Taler, trying to meet the regulators and law enforcement half way, are probably de-facto illegal to use.
https://anti-money-laundering.eu/travel-rule/
poVoq@slrpnk.net · 6 pts · 153d
IANAL, but apparently only for transfers exceeding 1000€.
verdi@tarte.nuage-libre.fr · 4 pts · 152d
richardwonka@slrpnk.net · 1 pts · 152d
Taler is officially launched in Switzerland. - If Switzerland can adjust legislation to allow for this, then anyone else can, too.
Jackhammer_Joe@lemmy.world · 2 pts · 152d
Neat
deafboy@lemmy.world · 1 pts · 153d
The only way to ensure the financial sovereignty is to separate the money from the state.
poVoq@slrpnk.net · 14 pts · 153d
This is the funniest statement I have read this month 😅
There is no such thing as money without the state, because it becomes money only because you have to pay taxes in it, otherwise it is at most a debt voucher or some form of speculative asset.
And aside from that, what do you think "sovereignty" refers to?
Gulliver@lemmy.zip · -1 pts · 152d
poVoq@slrpnk.net · 1 pts · 152d
Even then the gold was used to mint coins with a nominal value set by the state and it had to be used to pay taxes.
The gold content/value of these coins also often did not correspond to the nominal value, especially over time.
Not everything is nonsense, just because you lack the knowledge to understand it 😅
Gulliver@lemmy.zip · 1 pts · 152d
poVoq@slrpnk.net · 2 pts · 152d
You checked where?
And no, you are still wrong, because the taxes were still there, just slightly indirect. The states paid their soldiers and other employees in the coins the state produced and the peasants had to sell food and services to these soldiers with these coins, which is in effect a form of taxation.
If you want to actually educate yourself about money I recommend you read "Debt, the first 5000 years" by David Graeber.
JensSpahnpasta@feddit.org · 2 pts · 152d
Ok, since you did your research: Which state or civilization had no taxes and coinage?
rautapekoni@sopuli.xyz · 1 pts · 152d
You had the key word there, "were". Now it's all speculation all the way down.
LowtierComputer@lemmy.world · -1 pts · 153d
I think he's leaning towards the focus of control.