I guess there are no days off. The latest in ECB CBDC marketing is a Christmas post from president Christine Lagarde. To be honest, I would have preferred coal, but here we are... so let me put down the eggnog and break down what's happening here. image As she noted, the EU Governing Council has given the green light for the digital euro (the ECB's CBDC). In short, the Council said that the digital euro should work both online and offline, have holding limits, allow a "high degree of privacy" while still being AML/KYC compliant, and be free for consumers to use. This green light from the council does not mean, however, that the digital euro will be launched. Now it's up to the European Parliament to weigh in. Sadly, though, this process might appear democratic from the outside, but it's really just a formality. It's unlikely that Parliament will alter the course. As @Efrat Fenigson noted on X, the ECB is just waiting for the Parliament's rubber stamp to move forward. image As CBDC marketing ramps up, it's important to be vigiliant (even on holidays). As I've noted repeatedly, the ECB's marketing campaign borders on false advertising when it comes to claims about competition and freedom. https://www.cato.org/blog/digital-euro-isnt-about-freedom 2026 is going to be an eventful year on the CBDC front. And as always, you can find out everything you need to know in the @npub17xvf...c9as CBDC Tracker.

Replies (17)

Corban's avatar
Corban 1 month ago
I can’t say I’m surprised they pull this on Christmas. The bankers pulled the same tactic when they established the Federal Reserve back in 1913-1914. Just because we are celebrating the joy of the birth of Christ does not mean we should let down our guard against acts of evil, control and tyranny. View quoted note →
S!ayer's avatar
S!ayer 1 month ago
Oh no digital money what will we do
1776's avatar
1776 1 month ago
I’m going to post the same thing I post every time I see that witch: That bitch can fuck right off.
JL's avatar
JL 1 month ago
1913 once again.
slightly more controlled and surveilled? If it is turned off or barely spendable, even normies won't use it. Venezuelans would rather use cinder blocks as money than bolivars - if it can't be used as money, it won't be