Use Cash

Digital Euro
coming in October

Videos

Digital Euro Roll Out Nears
as 70 Firms join
European Central Bank
for CBDC Test Run

"A CBDC is a threat to our civil liberties and our freedoms since the issuer, and therefore the government, will have access to every single transaction that you make."

The EU will launch their
Central Bank Digital Currency
by October 2025

Articles

ECB announces
70 private-sector partners
for digital euro
innovation platform
May 7, 2025

"The goals are: to demonstrate how conditional payments could be implemented on a technical level ('i.e. between a simulated digital euro back-end and a front-end provider'); to provide the opportunity for participants to interact with simulated digital euro interfaces; and to 'explore additional use cases, ideas and visions that stakeholders may have for the digital euro'."

"Earlier this month [March 2025], President of the European Central Bank (ECB) and a convicted criminal, Ms. Christine Lagarde, announced that the ECB would be rolling out the Digital Euro in October of this year. According to several white papers published since 2022, the ECB has envisioned making the Digital Euro "programmable," and phasing out cash and stores of value like gold. This transition could be so complex and so disruptive that we must wonder why they're even rushing these plans to begin with. As I wrote a few months ago, replacing cash with a central bank digital currency (CBDC) is an enormously complex and risky endeavour, and failure is the most likely outcome.

So the question is, why is the ECB even embarking on this extraordinarily ambitious project? It is unclear what problems, exactly, the Digital Euro will solve. Those who are promoting CBDCs seem to always focus on one benefit: it will help prevent crime and terrorism. But even if that were so, when did the central banks' mandates evolve to include fighting crime and terrorism? Of course, they didn't; instead, what the central bankers are hoping to achieve is control, as Ms. Lagarde herself inadvertently admitted in a prank call in April 2023." ~ Source: Alex Krainer