A CBDC is digital tyranny. One of the worst ideas in human history.
My regrets to my European brothers and sisters. I will pray for you.
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
A CBDC is digital tyranny. One of the worst ideas in human history.
My regrets to my European brothers and sisters. I will pray for you.
Europe is already so far gone. Maybe this will just accelerate things and get them to freedom again
Any chance that frequent interaction with another nation’s CBDC could somehow infect America’s digital finance infrastructure?
Good question, and I don't know how that will play out.
My guess is that we will see multi-polar economic blocks where citizens will transact in their local currency, save in Bitcoin and gold. Meanwhile nation states and multinational corporations will be the most disrupted with competing digital currencies.
How would a person be able to save in Bitcoin in a CBDC environment? You would be forced to earn in CBDC and they will most likely not allow any form of on-ramps from CBDC to Bitcoin. They can simply decline the transaction.
Great point, perhaps a significant black market will develop in the EU.