The conversation explores the topic of Central Bank Digital Currency (CBDC) and the digital euro. The discussion focuses on the reasons for CBDC, concerns surrounding it, and the potential impact on various stakeholders. The participants discuss the need for a digital version of cash, the challenges of implementing CBDC in the retail space, and the potential benefits of wholesale CBDC for cross-border transactions. They also highlight the importance of a sustainable business model and the need to avoid crowding out existing payment solutions. Overall, the conversation emphasizes the need for careful consideration and a clear problem-solving approach in the development of CBDC.