What is the Digital Euro?

Video Transcript

What is the Digital Euro?

The Digital Euro, issued by the European Central Bank, is designed for electronic payments through cards or smartphone apps. Its primary aim is to enhance payment security and reliability.

The development of the digital euro should start next month, in October 2023.

With the digital euro, the ECB would be able to track all your payments.

This will completely eliminate the benefits of cash payments, which guarantee anonymity and privacy.

Cash is less and less used for payments, in fact online and contactless payments have soared since 2020.

If this trend were to continue, cash could disappear at some point.

On the other hand, Bitcoin doesn’t require permissions for a wallet, is decentralized, and can be used worldwide. 

With only 21 million Bitcoins in existence, it’s not influenced by any central authority.

So, owning Bitcoin is crucial if you want to secure your financial freedom and avoid digital surveillance.

Let me know in the comments your thoughts and reach out if you’re interested in Bitcoin. 

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What is the Digital Euro? The Digital Euro, issued by the European Central Bank, is designed for electronic payments through cards or smartphone apps. Its primary aim is to enhance payment security and reliability. The development of the digital euro should start next month, in October 2023. With the digital euro, the ECB would be able to track all your payments. This will completely eliminate the benefits of cash payments, which guarantee anonymity and privacy. Cash is less and less used for payments, in fact online and contactless payments have soared since 2020. If this trend were to continue, cash could disappear at some point. On the other hand, Bitcoin doesn’t require permissions for a wallet, is decentralized, and can be used worldwide. With only 21 million Bitcoins in existence, it’s not influenced by any central authority. So, owning Bitcoin is crucial if you want to secure your financial freedom and avoid digital surveillance. Let me know in the comments your thoughts and reach out if you’re interested in Bitcoin. #digitaleuro #paymentsecurity #ecb #europeancentralbank #october2023 #smartphoneapps #enhancedpayment #trackpayments

♬ original sound – Vincenzo Stefanini 🇬🇧 🇺🇸

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Cos’è l’Euro digitale? L’Euro digitale, emesso dalla Banca Centrale Europea, è progettato per pagamenti elettronici tramite carte o app per smartphone. Il suo obiettivo principale è migliorare la sicurezza e l’affidabilità dei pagamenti. Lo sviluppo dell’euro digitale dovrebbe iniziare il prossimo mese, a ottobre 2023. Con l’euro digitale, la BCE sarebbe in grado di tracciare tutti i tuoi pagamenti. Questo eliminerà completamente i vantaggi dei pagamenti in contanti, che garantiscono l’anonimato e la privacy. I pagamenti in contanti sono sempre meno utilizzati, infatti i pagamenti online e contactless sono aumentati in modo significativo dal 2020. Se questa tendenza dovesse continuare, i contanti potrebbero scomparire ad un certo punto. D’altra parte, Bitcoin non richiede autorizzazioni per aprire un conto, è decentralizzato e può essere utilizzato in tutto il mondo. Con solo 21 milioni di Bitcoin in circolazione, non è influenzato da nessuna autorità centrale. Quindi, possedere Bitcoin è cruciale se vuoi garantire la tua libertà finanziaria e evitare la sorveglianza digitale. Fammi sapere nei commenti cosa ne pensi e contattami se sei interessato a Bitcoin. #eurodigitale #bce #pagamentielettronici #sicurezza #affidabilità #ottobre2023

♬ original sound – Vincenzo Stefanini 🇮🇹

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