Europe is creating a digital euro, like digital cash! It's different from Bitcoin because it's controlled by the government, not a computer network. Some people think it's good because it's easier to use and helps people without bank accounts. Others worry it gives the government too much control.
- The digital euro is being tested and might be ready by 2025.
- It's tied to the value of a regular euro.
- Some countries have had trouble with their own digital money; many people haven't used them.
- The digital euro might cause the price of other cryptocurrencies to go up.
Fact | Number |
---|---|
Digital Euro launch target | October 2025 |
eNaira wallet usage | 98.5% unused |
Jamaica's digital currency in circulation | 0.11% |