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"Central banks around the world have been working on CBDCs for years, and the ECB has been leading the charge. This is scary considering the ECB has a mandate that goes beyond economic policy.
This foreshadows all kinds of dystopian restrictions on the digital Euro, some of which were openly discussed in the ECB’s earlier policy papers. But there’s more to the story than meets the eye.
The ECB’s influence is slowly being eroded by foreign financial intermediaries and currencies, and its digital Euro may not gain adoption even if it launches. This is why an alternative could emerge instead.
This is a video you can’t miss!"
~ Coin Bureau
0:00 Intro
0:43 Digital Euro CBDC Explained
5:21 Why Does The ECB Want A Digital Euro?
9:58 Digital Euro Problems
14:07 When Will Digital Euro Launch?
Source - Coin Bureau YouTube:
https://www.youtube.com/watch?v=COfHwr-Ksng
Disclaimer: This video is provided for informational purposes only, and not offered or intended to be used as legal, tax, investment, financial, or any other advice.
