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Nicklaus97

Digital Euro Not Anytime Soon

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These sort of an big local currencies have a good value in their fiat stick market. And it's not possible for them to back their currency in volatile crypto market 

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The euro is one of the most powerful currencies in the world. It does not need a cryptocurrency, and showing this currency may lead to opposite results, especially with the outbreak of the Corona epidemic in the old continent.

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Interesting information, they've been talking about the digital Euro for some time but no significant advances have been made in developing this CBDC. I wonder if this lag of the European Union and the US with respect to China and its digital Yuan, would encompass some potential disadvantages for them in terms of their competitiveness in the future digital economy. 

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Many countries are coming together planning to create their digital currency operating majorly on their axis.

if this is possible according to the acclaimed countries will this affect the fast growth of crypto currency in any way or in turns support???

To me I see it as one day they might successful launch a bank digital currency

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Japan is recently considering launching its local cryptocurrency, as well as Turkey, the European Union and the United States of America And all of them are heading to launch currencies on their own networks, one of the reasons is to preserve the national stockpile of dollars, first and secondly, to reduce fraud, and the Corona pandemic was one of the reasons because it is intangible money and does not transmit infection.

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There are risks behind this from linking the digital currency to a real currency, and problems that may arise if the currency is not linked to the bank, and this may cause legal problems and it is difficult to link the currency and legally adopt it in all parts of the world.

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Yes I agree with you Digital euro not any time soon because cryptotalk egrement not with European banks cryptotalk site work with dollars so euro not effected the cryptotalk currency work

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This is a very sad news for crypto community. We all know that we have USDT token which is a stable coin and it based on USD. But there are no such token for Euro. We need a digital version of euro.

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Dear these days I think that the digital euro has been put on the market but I am not sure about this subject, so I hope it is true that it is good to have international currencies digital. I hope so. 

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Nothing starts out strong until the European euro. If it entered the world of cryptography, most people will notice that it is difficult and it will become difficult to work with, but with the passage of time they will get used to it and notice the difference and of course they will find it very easy

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Many policymakers are wary of introducing digital currencies because they believe it will influence the price of their domestic currencies, that the implementation will take a long time to complete, and that the introduction of the digital euro would have a direct effect on the price and value of the euro currency.

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If this digital currency is issued, I think that it will be published and dealt with by all countries of the world in a greater way and perhaps with time it will become famous and its price will increase, but it will not reach the Bitcoin currency

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I really do not understand Gregory Klumov's thinking in not wanting to launch a stablecoin, we all have to be very clear that the euro and the US dollar have a competition of which is the best, but we all know that the United States already has a Cryptographic project backed by the same dollar and this is the USDT, for this I would like to see in the future a stablecoin validated and supported by the euro.

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