Re:France and Germany Agree to Block Facebook's Libra
by mrtksn on Saturday September 14, 2019 @01:58PM
(#20972542)
I would imagine machines doing the transactions. For example, a market for game characters where you buy and sell characters where the systems automatically keep tabs and handle the transactions without the friction of large bureaucratic institutions like banks.
The forming of a financial underworld in the Eurozone is pretty doubtful in my mind. Sure, enforcement varies country by country but if this would get a big enough problem we also have international efforts in the EU to get rid of it. Worst case somebody gets a data dump in lieu of Swiss tax evasion dumps on CDs a few years in and the laws against it get even stricter.