Central banks around the world have been working on CBDCs for years, and the ECB has been leading the charge. This is scary considering the ECB has a mandate that goes beyond economic policy.
This foreshadows all kinds of dystopian restrictions on the digital Euro, some of which were openly discussed in the ECB’s earlier policy papers. But there’s more to the story than meets the eye.
The ECB’s influence is slowly being eroded by foreign financial intermediaries and currencies, and its digital Euro may not gain adoption even if it launches. This is why an alternative could emerge instead.
This is a video you can’t miss!
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📺Essential Videos📺
CBDC Updates 👉 https://youtu.be/BpTPoZLX59A?si=rQbbT12XRK3hGyew
Previous Digital Euro Update 👉 https://youtu.be/X7wBu7NAUGc?si=RJkGym0WMYYFhIYK
Stablecoins Subsidize Government 👉 https://youtu.be/B_G8pGOy58s?si=1xwaT0iDogIvUi2I
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⛓️ 🔗 Useful Links 🔗 ⛓️
► Digital Euro Will Be Used For Control: https://cointelegraph.com/news/cbdc-will-be-used-for-control-ecb-president-admits-in-vid-chat-with-fake-zelensky
► Digital Euro Updates: https://www.ecb.europa.eu/euro/digital_euro/html/index.en.html
► Digital Euro Adoption Hurdles: https://youtu.be/CnfvxWGNa4c?si=khMxNwm84p93fW9p
► Digital Euro Roadmap https://www.ecb.europa.eu/euro/digital_euro/progress/shared/pdf/241202-timeline-digital-euro-project.en.pdf
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– TIMESTAMPS –
0:00 Intro
0:43 Digital Euro CBDC Explained
5:21 Why Does The ECB Want A Digital Euro?
9:58 Digital Euro Problems
14:07 When Will Digital Euro Launch?
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📜 Disclaimer 📜
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.
#crypto #digitaleuro #cbdc
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