A widely shared video on social media features the president of the ECB, Christina The guardadmitting that his CBDC in preparation, the digital euro, will be used to regulate payments to some extent.
The video, taken from a three-week-old parody, was first shared by the account Watcher.Guru on Twitter. We find there The guard expressing his wish not to depend on a currency issued by “hostile countries” or supported by a “private corporate entity such as Facebook or Google“. She underlined her personal belief in the importance of making progress in the digital euro initiative.
A fake Zelensky pushes Lagarde to admit a form of payment control thanks to the digital euro
The humorous video is actually from March 17. Christine Lagarde thought of conversing with the Ukrainian president Volodymyr Zelenskywhile his interlocutor was in fact an impostor.
Indeed, the author of the joke has already had similar exchanges with other public figures, such as the author of Harry Potter, JK Rowlingand former President of the United States, George W. Bush.
When the imitatorZelensky” remarked that the European protesters “don’t want to be controlled” by one central bank digital currency, The guard agreed, stating that “there will be control, you are right. You are quite right.” However, she clarified that the level of control would be “limit“, adding:
“We plan to set up a mechanism without control for very small amounts, around 300 or 400 euros. But it could be dangerous.”
The comments of the President of the ECB have been heavily criticized by the community cryptoespecially regarding his suggestion that a digital euro would control individuals and their transactions.
There ECB launched a two-year investigation into a digital euro in July 2021 and reported on its progress. The direction to take for this project CBDC should clear up considerably from October, as explained by Christine Lagarde.
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