True, but that would be a phone app which has to come from an official (US) app store on a phone that is using offical (US) firmware…
I’m all for having a financial system that we can use 100% disconnected from the US, but it’s the details that makes this hard, not the initial concept of e-Money.
But, back to the original point, I don’t know how interest would work on money in an eWallet. I’d want to keep all my funds earning for me, which means loaning to others and then getting something back… so I don’t want those transactions sitting in a 0% “safe” place… I’m either saving or spending.
So, if we can just have a EU version of Visa / Mastercard as step 1 that would be best. I think that’s just arriving…
True, but that would be a phone app which has to come from an official (US) app store on a phone that is using offical (US) firmware…
I’m all for having a financial system that we can use 100% disconnected from the US, but it’s the details that makes this hard, not the initial concept of e-Money.
But, back to the original point, I don’t know how interest would work on money in an eWallet. I’d want to keep all my funds earning for me, which means loaning to others and then getting something back… so I don’t want those transactions sitting in a 0% “safe” place… I’m either saving or spending.
So, if we can just have a EU version of Visa / Mastercard as step 1 that would be best. I think that’s just arriving…