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.
Discussion
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.