The ECB’s Digital Euro is set to launch in October. Key concerns include:

– Real-time transaction tracking

– Potential for payment blocking

– Automatic tax deductions

– Restrictions on cash withdrawals

– Programmable money with expiration dates

https://video.nostr.build/a281ceb4d5f2522402f07cacb61acef320d1d707b06f02117d7d5b8b7de33e50.mp4

They couldn’t convince us voluntarily, so now they’re using fear and most likely a new crisis to force this system upon us.

This is nothing but a financial Great Reset, total control over what you buy, where you go, and even what you eat.

SAY NO WHILE YOU STILL CAN!

#bullishbounty #ff17

Q IS connected to your #bitcoin

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Discussion

CBDCs make a retarded dystopia inevitable

Next step put a neurolink and you have an army of bionic tax slaves

The WEF reckons that we'll be all chipped by 2030 (or so). You're not making up things 😉

Yey! Can’t wait

Christine Lagarde is a criminal. A Psychopath. A sociopath. A threat to all European citizens.

The digital euro is coming.

At what cost?

They say it’s about modernizing payments… 🤡

It’s not about innovation. It’s about control!!!

A digital euro adds 0 benefits over the current system for users, does it? It gives governments and central banks total control over how, when, and if you can spend your money.

Every transaction tracked. No more cash. No more privacy.

Spending Restrictions. Governments decide where and how you can use your money.

Your money could expire, be frozen, or have spending limits.

While the U.S. banned CBDCs, Europe is doubling down, WTF!

Want to book a flight? Denied. You already traveled this year.

Want a steak dinner? Blocked. You hit your weekly meat allowance.

Want to donate to an independent journalist? Forbidden. Wrong narrative.

Inflation too high? No spending on “non-essential” goods.

A digital euro is not money. It’s a currency tool for control.

Bitcoin fixes this.

How can we stop Europe to become China 2.0.

+ "individual carbon footprint tracker" - so basically, the banking apps will track your geo location.

I believe they already do that when you look for an ATM in your area.

The interesting part is what the new crisis they need to push it will be...

That skeleton needs to lose her head. She's a horrible human

Disclaimer: I am fully against any cbdc or any kind of bank that i am forced to use..

That being said:

- Real-time transaction tracking: happening already

- Payment blocking: happening already (in fact, happened to me a couple of times already)

- Automatic tax deductions: Any bank is already mandated to give tax agencies a yearly overview. They are already filled out on your tax forms for you actually.

- Restrictions from cash withdrawal: happening already. Example ABN AMRO: you can withdraw cash up to a maximum of € 17,500 per calendar year. Anything exceeding requires an €5 fee per withdrawal + 0.5% of witdrawn amount.

- Programmable money with expiration dates: This is basically the only new thing that will be added. But they promised they would not add this (but i'm sure this will be broken on the first minor crisis encountered)

All in all for customers not a lot actually changes. To me the main concern is that this gives a new role to a central bank and now it has just become a lot harder to get rid of them because now civilians are direct customers and depend on their existence, while right now they could just be discarded much easier as they fulfill no significant role except for making rules normal banks then have to follow.

If you expect Bitcoin to prosper, don’t expect the opposite not to happen on the other side. Everything is a blessing for Bitcoin.

The goal is to get EVERYTHING attached to a digital ID.