

Crypto coins are a digital currency just like the digital euro is, but there is a big difference in how they are managed. I don’t know enough to explain the difference in details but a Central Bank Digital Currency (CBDC) doesn’t necessarily have a Blockchain behind it and the coins aren’t mined like the bitcoins are for example. The big win is you will no longer need a 3rd party for moving the money. If you now move money on your account to my account our banks need another company (likely either visa or MasterCard) to ‘verify’ that the money actually moves from a to b or something like that. There was a post with a link posted just 2 hours ago on Lemmy here: https://lemm.ee/post/60966980
Yeah I think they want the front end experience to be as much like what we have now, but the inner workings of the digital euro (or any CBDC) is very different compared to what we have now.