CBDC is HERE!! Digital Euro update should SCARE YOU! 💵⛓️😈
Looks like CBDC is rolling out, in Europe (no surprise they will be first to accept the mark of the beast), but this dry run will have far reaching implications for other countries set to digitize their dollar, including the United States.
Besides all the spying, ability to program CBDC, make saving accounts impossible via time limits and the ability for infinite inflation by punching in a few digits on a keyboard, there are much deeper concerns about the kind of control CBDC will wield by skipping the Middle Man (Governments) and giving full control over the monetary system to Central Bankers.
- TIMESTAMPS -
00:00 - Intro
00:40 - Digital Euro Explained
04:52 - Third Progress Report
07:05 - Access, Holdings, Onboarding
09:22 - Digital Euro Distribution
11:44 - Services And Functionalities
14:39 - Next Steps
17:33 - Why Do Central Banks Want CBDCs?
20:57 - Outro
📺Essential Videos📺
Previous Digital Euro Update 👉 https://www.youtube.com/watch?v=uzXSxvPjDxM
EU Digital ID Wallet Rollout 👉 https://www.youtube.com/watch?v=uwRSzNTp2ko
Bank Bail Ins Explained 👉 https://www.youtube.com/watch?v=0Og5-OJ1x1s
EU Crypto Regulations 👉 https://www.youtube.com/watch?v=NdsK8Zhlwqg
Circle Synthetic CBDCs 👉 https://www.youtube.com/watch?v=H_jGGSpjUbw
⛓️ 🔗 Useful Links 🔗 ⛓️
► Lagarde Admits Digital Euro Control: https://cointelegraph.com/news/cbdc-will-be-used-for-control-ecb-president-admits-in-vid-chat-with-fake-zelensky
► Chinese Public Servants Paid In Digital Yuan: https://cointelegraph.com/news/chinese-city-public-servants-to-receive-digital-rmb-salaries-from-may
► Stablecoin Reserves Need To Be ‘Diverse’: https://www.coindesk.com/policy/2023/04/27/stablecoin-reserves-need-to-be-diverse-eu-bank-agency-chief-says/
► Digital Euro Third Progress Report: https://www.ecb.europa.eu/paym/digital_euro/investigation/governance/shared/files/ecb.degov230424_progress.en.pdf
► EU Finance Minister Presentation: https://www.ecb.europa.eu/paym/digital_euro/investigation/governance/shared/files/ecb.degov230116_eurogroupstocktake.en.pdf?55d13366cc74303c85f996ec9f60ab47
Original Video by Coin Bureau: https://www.youtube.com/watch?v=Oo2hUeWdMxk
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