ECB Prepping The Ground For Digital Euro Launch

The European Central Bank (ECB) sets the basis for its potential launch of the central bank currency and retail (CBDC), the digital euro. Christine Lagarde, President of the European Central Bank, shared this update at its last press conference. “President Lagarde confirmed that the digital euro” is more relevant than ever. “

Lagarde stressed that the digital euro, a CBDC solution for the European Union, is scheduled to be launched in October 2025 – and has made it clear that it is going through the legislative stage that includes the main stakeholders, including the European Commission, Parliament and the Council. Noticeably absence from this process is the European public, despite the great impact of this initiative on their daily lives.

Why is the digital euro more important than ever?

Can it be linked to the last “re -armament” declaration of Ursula von der Layen, which suggests the creation of the European Union army? This initiative requires an estimated 800 billion euros of financing – with the money that the European Union does not own. Options? Extracting it from the European Union member states and its citizens, or printing new money through the European Central Bank. Either way, it’s time to heat the European Central Bank’s money printers!

Moreover, the European Union has provided the “Savings and Investment Union”, with the aim of redirecting 10 trillion euros in “unused savings” from citizens to finance military growth and strengthen the defense industry in Europe. “We will transform private savings into investments that are needed,” Tweet von der Lin. If this does not actually shock you, I will try to clarify: This is a clear violation of private property rights, and an implicit confiscation of the wealth of Europeans, with their explicit money as the European Union sees appropriate, including financing a military industrial complex, without asking them.
If the European Union is accelerating towards the totalitarian collective, as suggested by this statement, the Convention on Biological Diversity will be a powerful tool – which leads to a tougher control over the money of Europeans with features such as the “operating/suspension” key.

Christine Lagarde recently carried out a campaign in the European Parliament, on the pretext that the digital euro is necessary to reduce the European Union’s dependence on foreign payment solutions. European banks must create payment methods, but the primary concern of the European Union is not only relying on technology giants such as Google Pay or Apple Pay – it’s the ability to adopt global non -central protocols like Bitcoin.

The European Central Bank monitors geopolitical trends, noting that the United States is adopting encryption, bitcoin and stablecoins – technology that pose a risk to central control. It is not surprising that they choose a different path. according to Reuters“The banks in the euro area need the digital euro to respond to the push of US President Donald Trump to promote the two nails” as part of a wider encryption strategy. Piero Cipolone’s Board of Directors of the European Central Bank strengthened this position, saying: “This solution imposes more banks when losing fees, and they lose customers … For this reason we need the digital euro.”

The Lagarde’s and the latest Lagard’s and Von Der Leyen agenda aims to push more central control while strengthening the hierarchy, governance and motivation in the European Union – and that was always their role.

A new digital survey of the euro CBDC

The European Central Bank has recently published the results from a reconnaissance On the consumer positions towards the CBDC, which took place between 19,000 Europeans in 11 countries in the eurozone. The main meals include:

1) Lack of attention Most Europeans are not interested in digital euros, as current payment methods serve their needs well.

2) Europeans are open to advertising While the public interest is low, the survey found that Europeans accept education and video -based training. The European Central Bank’s study indicates that the CBDC video clips can be pushed widespread by reinstalling consumer beliefs. The report states: “It is likely that consumers who show a short video providing brief and clear communication about the main features of the digital euro are more likely to update their beliefs … which increases the possibility of adopting it.” No wonder that the European Central Bank has increased the content of the digital euro video since late 2024. For example:

3) Prefer current payment methods – “Europeans have a strong preference for current payment methods and see any real benefit in a new type of payment system.” While this discovery appears to be a positive reaction, it can be an introduction to technological integration tactics. “If you cannot overcome them, join them” tactic-like CBDC Chinese retail.

EUROMENEY modern condition The most prominent E-CNY integration with the most popular applications in China (DIDI, Meituan, Ctrip, WeChat Pay and Alipay), a step that has been widely adopted. Despite early conflicts, E-CNY is now proud of 180 million personal wallets and a criminal treatment value of a trillion dollars. I recently explored this topic in depth with Roger Huang recently on my podcast.

Not only retail – Wholesale as well

on Wholesale cbdc At the forefront, the European Union experiences the technician of the Distributed Professor’s book (DLT) to deliver financial institutions throughout Europe and beyond. This is followed by the exploratory work conducted by the European system between May and November 2024. Their experiences included 64 participants – including central banks, players in the financial market, and DLT platform operators – more than 50 experiments.

“Digital Money”

Lagarde insists that the digital euro is a form of money, highlighting the unprecedented Europeans about the risk of CBDCs. The permission CBDCs, such as the digital euro, is vulnerable to small levels of control through expiration, geological and programming dates. If the Europeans do not recognize these dangers, they will not resist the digital euro. By framing it “Digital Money”, “ The European Central Bank guarantees a smoother general acceptance with a public or non -noise.

To be clear, criticism itself is Fiat currency– It is easily controlled, easily, and exposed to inflation. Every time the source expands the offer of money, citizens suffer from a decrease in the purchase force, and is mainly stolen by the state.

“Rules for you, but not for me”

While ordinary citizens are obligated to the rule of law, elites often evade the consequences. The main example of this is Christine Lagarde, who was negligent with approval to pay huge compensation with taxpayers funding for the controversial French businessman Bernard Tabi. However, the prison sentence was avoided. Guardian It was reported in 2016: “A French court convicted the head of the International Monetary Fund and the former Minister of Government, who faced a fine of 15,000 euros and even a year in prison,” said in 2016.

My expectations for CBDC for the European Union

Despite the lack of public attention, the European Central Bank (and other central banks) will push forward with their CBDCs. To maintain the illusion of general participation, they will conduct surveys and create participation tools. But ultimately, the digital euro will be combined into current payment methods and consumer applications-just as China did with E-CNY. This strategy will lead to adoption even without direct general enthusiasm.

We, after all, play “democracy”, right?

Geopolitical analyst Alex Kreranner recently tweeted in response to Lagarde and Von Der Leyen for CBDC’s efforts: “This is excellent news;

Stay tuned when I continue to track the movements of central banks towards the implementation of CBDC.

This is a guest post by Effrat Fenigson. The opinions that are expressed are completely property and do not necessarily reflect the views of BTC Inc or Magazine Bitcoin.