Birdwatch Note Rating
2023-11-11 14:08:59 UTC - HELPFUL
Rated by Participant: 5769601097CC12AD99B499477AE18065B14F4473E1492F68434274C28E043C3D
Participant Details
Original Note:
There is currently no system that prosecutes cash payments with imprisonment and fines, which is factually incorrect. Conversely, the proposed digital euro aims to limit cash transactions and enhance control over payments. But is not currently planned to replace cash. https://www.ecb.europa.eu/paym/digital_euro/html/index.en.html https://www.ecb.europa.eu/euro/cash_strategy/html/cash-faq.en.html
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