If they implement this CBDC, how would they coerce people to adopt it? I believe it failed miserably in Nigeria.
and if they manage to crash the Euro, will I get a cheaper house in BTC terms?
Eurozone: Is The CBDC Coming in October?
While the americans clean out their globalist-infested policy stable and declare Bitcoin a strategic state reserve, which will pave the way for accelerated adaptation, the eurozone Europeans, led by their central planners in Brussels and in the Frankfurt tower of the European Central Bank, are moving ever faster towards a total state, with surveillance money and fiat credit explosion.
ECB President Christine Lagarde, a top functionary with a criminal record and chief central planner on duty, has now announced her intention to introduce the Euro CBDC, and with it the end of private sovereign transactions, as early as october this year.
This money is likely to have an expiry date and be earmarked for a specific purpose if the central planners have to enforce their preferences (climate policy, exclusion of uninvited individuals such as the trucker demonstrators or lockdown opponents).
It is sheer panic, triggered by the US withdrawal from the Ukraine credit pump, that is now leading to drastic coercive policies. So in the short term, expect capital controls and tougher measures against any form of dissidence against the disaster policies that will usher in the final chapter of the European Union. Bitcoin becomes the little man's escape route.
https://blossom.primal.net/3d84e3ac784ebe17c9cb5fcfca2b86b31d251710e718a4a77f00f0c70369e433.mp4
#eu #ezb #cbdc #news #bitcoin #nostr #usa #trump #plebchain #euro
If they implement this CBDC, how would they coerce people to adopt it? I believe it failed miserably in Nigeria.
and if they manage to crash the Euro, will I get a cheaper house in BTC terms?
It won't work as people in the south won't accept it. But there is a chance that this could trigger panicking and capital flight and the next euro crisis. They have no idea what they're doing. What I hear there is already a wave of capital on the run
They wouldn’t need to coerce anyone to use it. Look at how Nixon decoupled gold from the dollar. The US Government was able to rug pull the entire world of their receipts for gold by simply saying so. No voting, no permission, and no apologies. To add insult to injury, they said it would only be temporary. I think that’s how CBDC will begin in Europe. They will make the changes in the background so that people will already be partially using it unknowingly. After that a simple announcement that paper fiat will no longer be accepted beyond a specific date, and it’s done. Coercion would only come after the fact and it would be the citizens attempting to coerce their Government to change it back. If Europe intends to avoid a CBDC, their only option is to immediately remove the people from power who are working to make CBDC a reality. If the people think they can simply make their Government change their minds, they are sadly mistaken. CBDC is slavery and it’s highly contagious to other financial systems.
That is a very good take, some other countries are already cashless. I have no doubt they will steal the money one way or another.