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Before Digital Euro, Europe must win over Germany’s worried cash-users
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ambcrypto.comInvestigations are underway to prepare the financial sector for a Digital Euro. However, before that, central banks need to check in with the public and understand how private citizens view the proposed CBDC.
Deutsche Bundesbank – the central bank of the Federal Republic of Germany – did just that and recently reported its findings.
Deutsche Bundesbank released the results of a survey assessing how private households in the country feel about a Digital Euro. Along with it came an official brief in German titled, “The discussion about the digital euro is slow to reach consumers.”
To be clear, very few Germans are enthusiastic. The central bank noted,
“Accordingly, only 13 percent of those questioned supported the introduction of a digital euro.
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