⚡️🇪🇺 NEW - The EU says it will introduce a digital payments infrastructure to replace Visa/Mastercard and Apple/Google Pay. It will have zero fees and be 100% European-only.

Replies (27)

🤔😳….zero fees u say?🤭🤣 …that’s not as hard as it sounds when u get to control and debase (at ur discretion) the currency that will be 1/2 of almost all transactions in ur country…I think some tardz may call that a back end fee🤔🤨…but wtf do I know🤷🏽‍♂️ …small wonder when black markets arise … those pesky “money transmitters” have a way of circumventing the best laid planz it seems🤯 Jus one idgit’s opinion 🫡 image
Terms and conditions apply. *money expires after 14 days *account will be closed if inactive for 14 days *inflation rate subject to change every 14 days *14 day period on terms subject to change *money may only be used at authorised sellers *transactions may be stopped at any point *account may be frozen at any point *transactions may disappear randomly *personalised advertising on free accounts *money only usable at pro Ukraine, vegan, transgender businesses *money may not be used on goods outside the EU *money may not be exchanged for cash *money may not be exchanged for bitcoin *money may not be exchanged for beef *money may not be used to purchase firearms *monetary value subject to change *monetary issuance subject to change *money in account is not yours *terms and conditions subject to change
They'll use this to compare your spending to declared income, and have an itemized list of everything you buy without even needing the CBDC aspect.
"The EU says .. ?? Why have I never read the words, The USA says, Australia says, Russia says, China says? Was this written by a middle school student?
@FLASH please provide reference to what your post is claiming. A link to a EU government site would be most helpful. Thank you. @Carl B Menger posted something claiming the Federal Reserve “pumped $13.5 billion into the U.S. banking system through overnight repos…” The CarlBMenger account never provided a government link or anything official to prove the claim.
These claims from accounts @FLASH and @Carl B Menger seem baseless. I’m not discrediting the individuals who own the accounts. I’m simply being critical of the information the account provides. I want to make this clear. I follow both these accounts because I enjoy reading their posts. I’m not confident these posts are accurate in the information they’re claiming.