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Deutsche Bundesbank Survey Shows Only 13% Supported the Introduction of a Digital Euro
Summary: Deutsche Bundesbank released the results of a survey assessing how private households in the country feel about a Digital Euro. The central bank noted, “Accordingly, only 13 percent of those questioned supported the introduction of a digital euro. Of those who already had previous knowledge of the topic, it was 22 percent.” Even so, the ...
Deutsche Bundesbank released the results of a survey assessing how private households in the country feel about a Digital Euro. The central bank noted, “Accordingly, only 13 percent of those questioned supported the introduction of a digital euro. Of those who already had previous knowledge of the topic, it was 22 percent.”
Even so, the report observed that more people are growing aware of the Digital Euro. Deutsche Bundesbank concluded that attitudes might change over time, especially with more information about the project.
The report added, “Of those in favor of the digital euro, 65% saw it as a good alternative to cash and 63% as a good alternative to private means of payment…Around 61% of the supporters also found that a digital euro is part of a digitized society.”
Meanwhile, a majority of the respondents who are against the Digital Euro fear it would lead to cash being abolished. Factoring this in, the report found, “This reinforces the Eurosystem’s intention to offer the digital euro in addition to cash and not in its place, should a decision be made to introduce it.”
By Amy Liu
Tags: Deutsche Bundesbank,Digital Euro,Survey
Link: Deutsche Bundesbank Survey Shows Only 13% Supported the Introduction of a Digital Euro [Copy]
