New Zealand could be using a government-backed digital currency by the end of the decade.
  • eagleeyedtiger@lemmy.nzEnglish
    0·
    7 months ago

    A decade is a long time… we only got 365 days a year banking less than a year ago didn’t we? I guess our market is so small nobody really cares to improve things and kiwis don’t like to make a fuss to get things more modernised.

    • Dave@lemmy.nzM
      0·
      7 months ago

      Correct, small steps but it’s improving! Perhaps the digital dollar is the next step.

      • eagleeyedtiger@lemmy.nzEnglish
        0·
        7 months ago

        So a digital dollar in 2033, instant transfers by 2043 :P

        If we get a digital dollar before instant transfers, I’m going to be annoyed!

        • Dave@lemmy.nzM
          0·
          7 months ago

          Haha we probably will! But the digital dollar will be instant, if that’s any small consolation.