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RandyDandy 🌵

@EU_Commission We have something like this out of the banking system, called Crypto.. Much cheaper then fiat transfers. As an expat in central Europe and coming from a western European country I need to sent or get sometimes money and belief me

1. its not in seconds.
2. the fees are not cheap.

But hey! great meme!!

2 comments
Uriel Fanelli

@RandyDandy@fosstodon.org @EU_Commission@social.network.europa.eu

crypto requires commissions too, requires mining, unless you have PoS , and is not instant as you say.... stop selling crypto scam .

sab

@RandyDandy @EU_Commission That transfers are not cheap and not instant is exactly the issue the Commission is seeking to adress with this proposal, they're not claiming that his is currently the case.

Indeed traditional banking is technologically lagging behind in these issues, but it's just not going to happen that I pay back friends for a dinner out using crypto - and I'm not the most technologically impaired person around.

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