Christine Lagarde - President of the European Central Bank (ECB), former IMF boss, and life-long bureaucrat once convicted in a corruption case, is now gleefully attempting to save … er, more like enslave … Europeans with her dystopian digital euro CBDC project. However, like all central bank lizards salivating over the idea of a Chinese-style track and trace, programmable digital currency linked to a citizen’s social credit, Lagarde fails to understand the economic limitations of such a proposal. This is despite the fact that all previously launched CBDCs are already complete failures in terms of adoption and integration.

But just ask China how that <0.05% e-CNY use rate is going. Even with legal tender status and incentives, people won’t adopt a new currency so quickly, if CBDC’s can even be considered new currency.

The digital euro is a bureaucratic delusion. It offers no competitive advantage, solves no user problem, and stands little chance of adoption. Current timelines suggest a 2026 launch. Don’t bet on it. Like the digital ruble and rupee, delays are inevitable. Canada already shelved its CBDC project. Politicians just don’t get it. …

The public doesn’t care. Businesses won’t invest. And the liberty-minded would rather die than take the mark.

CBDCs are a Hail Mary for the globalist one world currency dream. True CBDCs, ones that are a true liability of the central bank and available to the public, would destroy the banking system. As they evolve into over-regulated stablecoins no one wants, their irrelevance becomes clear. So don’t fear them—expose them.

Double down on crypto. Fiat already is the beast system. With Bitcoin and Monero, we finally have an exit.

They know it. We know it. The digital euro, like the rest, is doomed to become digital trash.