10 sats \ 2 replies \ @TomK OP 2 Dec 2023 \ parent \ on: Threats posed by the proposed EU integration of digital ID and CBDC meta
Don't worry about this. The day they plan to introduce their CBDC the Eurozone will be dead.
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50 sats \ 1 reply \ @ElectronicsQuestions 2 Dec 2023
eID is a problem even without a CBDC though. "Login with EU-eID to access this website" as ubiquitous as "click here to accept cookies" is not a good future. Especially combined with AI.
Not in a "i don't believe you" way, just curious: how do you think the Eurozone will die? What do you think will replace the euro? Famine and fights? National currencies? Dollar? Bitcoin? Shitcoin? Other?
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10 sats \ 0 replies \ @TomK OP 2 Dec 2023
Oh, I think we would need a videocall to reflect on that. But what I see is a totally rotten banking system, high public debt, a recession, the friction between north and south, the Davosian problem, uncontrolled mass migration, a demografic collapse, capital flight. I don't know.... but for sure the USD will survive the Eurozone. I see a split coming and a type of north/south euro-system. Italy can easily kill it by exiting (Target 2 problem for the undercapitalized Bundesbank). Puh.. I don't know... try to by BTC...
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