The digital euro would be for all Europeans to use, from everywhere to everybody and everywhere they want to send the money in the euro area. It would be risk-free and simply technological progress, says Executive Board member Fabio Panetta at the @EBFeu’s online event.

Don’t be mistaken, the euro CBDC will only be a tool for control. It will allow governments and agencies to monitor transactions to a granular level, data mine for unwanted behaviour, freeze assets, inflate the supply at-will, and more that we haven’t even thought of yet.

The only way out of this by something that they can’t control, and that is bitcoin and bitcoin alone.



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