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There are ligatures in fixed-width fonts[0], like VSCode with the Fira Code font! I've been using it for a week or two now and like it so far.

[0] HN discussion: https://news.ycombinator.com/item?id=14821446

There was a whole discussion about ligatures in programming fonts here [0] a few weeks ago.

[0] https://news.ycombinator.com/item?id=14821446

Yes, specifically ligatures in fixed-width fonts like erik-g mentioned. My personal favorite is Hasklig[0], which is based on Source Code Pro.

[0]: https://github.com/i-tu/Hasklig

Okay then ... does look good ... I assume that normal ascii is used under the hood and that is what the lexical analyzer sees. I am open minded -- of course it has to work with emacs -- I am not that open minded ;)

It's just a font, the underlying text is still the same no matter what font you use to render it. In fact, you could set Fira Code (or Hasklig) as the font for your terminal and (as long as your terminal app can render ligatures) it would render in emacs or any terminal-based editor.