European Central Bank chief Lagarde says digital euro CBDC will not be as private as cash.
I guess there's no surprise here after all...
Original post from Bitcoin Magazine on x.com: https://twitter.com/BitcoinMagazine/status/1707456231370084410?t=HrniYGQ-0372WaSI10F_rA&s=19
nobody expected a private CBDC and they will slowly ban cash the bad part is that most people won't complain at all.
Won't be accepted by people in South and East EU where >50% is cash.
I expect that for CBDCs in democratic slightly more market oriented countries private digital currency is a good option to preserve CB authority and fiat usage.
They're just doing their work in the right way! Nothing to see here. Stay humble and stack sats!
Expect a cashless society before the end of the decade— and say goodbye to privacy.
The clock is ticking. Bitcoin has about 2 years left to onboard 500 million people and serve as a real alternative to CBDCs. Not a done deal.
Adoption, adoption, adoption. Nothing else matters.
In the EU bank realm, Lagarde's the star, Crunching digits, dreaming of a digital jar. Sipping bytes of data, caviar for the brain, Counting CBDCs, making the digital rain!
No provacy no usage, No sober monetary policy no usage, They do not realize they compete with something better.
But: now they delayed it another 2 years! Technically they simply are incabable. The Fed won't do it for retail.