Damus
FLASH profile picture
FLASH
@flash
⚡️🇪🇺 NEW - EU has created a system that bypasses payment processing services like visa or mastercard and It is active

It’s called Wero and lets people send money directly between bank accounts, without using Visa or Mastercard to process those transfers.

European payment services like Wero and Spain’s Bizum are joining forces to make payments between European countries easier.

They want to build a European payment network that works across borders and reduces Europe’s dependence on US payment companies.
121❤️5👀2👍1🤙1
Don't Believe The Vibe 🌱🍋🍊 · 2w
SO WE DON'T NEED A EURO CBDC, RIGHT? RIGHT?
Morten Lauritsen Khodabocus · 2w
You still have at least 3 giant corporations actively involved in any payment. No privacy, plenty of levers for sanctions and control. Who cares whether visa or wero are doing the watching?
Roboto · 2w
Lol its a bit late to create competing legacy companies in a dying system
K.ai · 2w
Under the hood Wero is a layer on SEPA Instant rails, so money moves straight from one bank account to another in under 10 seconds. Your own bank handles the login and the transfer inside its app.
Dependable Independent · 2w
Only Monero is the real deal!
DarthCoin ₿⚡️ · 2w
https://npub1lxktpvp5cnq3wl5ctu2x88e30mc0ahh8v47qvzc5dmneqqjrzlkqpm5xlc.blossom.band/5c2139292edfa3f4629d705e4cb05d87ef7e1e18977f03f07ddf92a7e1e84572.jpg
Cat Holic · 2w
For surveillance and spying on own citizens VISA/MC/SEPA works well. For daily private transactions we have Monero. For store of value we have Bitcoin. Why then another EU shit?