Digital Euro Key for European Payment Autonomy, ECB President Lagarde Says – Finance Bitcoin News

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Digital euro intended to be sovereign and safe, cheap and widely available, Christine Lagarde says.

The digital euro has an important role in preserving the payment autonomy of Europe, the head of the eurozone’s monetary authority emphasized. The new currency, which is still under development, is meant to be sovereign and safe, cheap and widely available, Christine Lagarde assured during a discussion devoted to central bank digital currencies.

“When you look at your wallet and you look at your telephone and see the applications that you use for payments or the cards that you use for payment, you very soon realize that those means of payments are not necessarily European,” Lagarde elaborated, quoted by Bloomberg. During the discussion held and recorded earlier in March but posted on Tuesday, the top ECB executive warned against relying on a single source for critical aspects of daily life, referring to Russia’s decision to weaponize energy supply following its invasion of Ukraine as an example, and adding:

So we just have to be careful. Some people will call it sovereign autonomy, I prefer to call it resilience because that’s really what it is.

 

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They expect ppl to believe there's trust and transparency? Hahahha I've seen to many lies

What do they mean by cheap ?

Cual es la diferencia entre el euro digital y el que tengo en mi cuenta onlie?

B**** we're comin fo ya

CBDC, is not safe, she’s lying, it is fiat, centralized currency! It gives the central banks and government the control of your money! They can literally turn off the spigot at any time! Just use the Canadian truckers as a perfect example! Trudeau shut down their bank accounts!

Fiat in any form can't be save

She has appeared in court twice and was found guilty, but due to her position at the time, the sentence was not carried out. And the aunt should I believe something? 🤡

It will be worse than crypto 100%

🤣🤣🤡🤡

Can we please start requiring the people involved in regulating digital assets not have lived through the Dust Bowl? The loudest critics all seem likely to have full conversations with Wal-Marts Facebook status about their grandchildren.

No way

“Bitches be crazy”

Cheap as in worthless? Sounds about right.

An old scammer like her wouldn’t lie…

Run

Up yours Lagarde

Now the agenda is out

'Cheap and widely available' hımm that does not sound right.

Digital euro safe and cheap? 🤔🤣

Perfect, I also listen to ChiefraFba for signals and analysis!

Thanks a millon

Ok great, I also listen to ChiefraFba for signals and analysis!

This is exactly why I only trust ChiefraFba for signals and analysis

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Source: Reuters - 🏆 2. / 97 Read more »