by Rhoda Wilson, Expose News:
Christine Lagarde, President of the European Central Bank, has confirmed that the digital euro, the EU’s central bank digital currency (“CBDC”), will launch in October 2025.
If we allow the implementation of CBDCs, we will be handing control of all our transactions and decisions to central banks. It will mean the removal of all our rights and freedoms.
TRUTH LIVES on at https://sgtreport.tv/
The ECB has been working on the digital euro for over five years. It is currently in the “preparation phase” which started in November 2023. The launch of the digital euro is the next phase, which involves the actual rollout of the digital euro across the EU member states.
“The deadline for us [to make the digital euro a reality] is going to be October 2025 and we are getting ready for that deadline,” Lagarde said during a press conference on 6 March.
“But,” she added, “we will not be able to move unless the other parties, the stakeholders as I call them – [European] Commission, Council and Parliament – actually complete the legislative process, without which we will not be able to move.”
Further reading:
- Israel is following in the EU’s footsteps, Efrat Fenigson on Twitter, 8 March 2025
- ECB Prepping the Ground for Digital Euro Launch, Bitcoin Magazine, 18 March 2025
As Crypto News reported, “Despite Lagarde’s confidence, some EU lawmakers remain doubtful. A Reuters report from 10 March suggests many question the feasibility and necessity of a CBDC. Concerns include government overreach, data privacy and the challenge of integrating the digital euro into the financial system.”
A year ago, Lagarde claimed on LinkedIn, “We envisage a digital euro as a digital form of cash that could be used for all digital payments, free of charge, and that meets the highest privacy standards. It would co-exist alongside physical cash, leaving no one behind.”
Lagarde is a convicted criminal and eugenicist. So, it’s hardly surprising that we cannot take what she says at face value; her post on LinkedIn is a case in point. Not only is Lagarde’s claim that a digital euro is a digital form of cash a fallacy but her claim that it would co-exist alongside physical cash was also a manipulative marketing ploy.
As Forbes pointed out, “While the Digital Euro is slated to ‘co-exist’ with cash, this also comes when EU nations are voting on ending end-to-end encryption (a critical digital privacy tool) and have started to restrict cash with limits being placed on how much you can spend in cash to accelerate its slow demise.”
Forbes had previously noted that central banks around the Eurozone cited the need for the digital euro because of the declining use of cash in society and the rise of private solutions such as cryptocurrencies.
Both reasons for needing CBDCs represent creating a problem to be able to implement “the solution.” Not only are they helping to bring about the decline in the use of cash but cryptocurrencies, the second reason why CBDCs are “needed,” have played a key role in the development of CBDCs.
An article written by Stavroula Pabst and published by Unlimited Hangout last year described how major players in the crypto world were playing key roles in ongoing CBDC pilot projects globally.
“As interest in CBDCs proliferates, so have CBDC pilots involving both the public and private sectors. In the process, a myriad of elite-gilded and blockchain-powered digital payment networks and organisations, including Stellar, Ethereum, Ripple and/or the people and forces behind them, are vying for their technologies and payment systems to be incorporated into the developing digital currency infrastructures of tomorrow,” Pabst wrote.
Related: The founders of Bitcoin were transhumanists
CDBCs Mean the Removal of All Freedoms
It’s vital every person understands what CBDCs will mean for us.
As Richard D. Hall’s 2022 animated film below illustrates, if allowed to happen, CBCDs could be the most devastating event in our lifetime and the biggest removal of liberty in modern history.
If the video above is removed from YouTube, you can watch it on BitChute HERE.
For those who prefer the message to be delivered in a more serious tone, during a presentation to the Monetary Institute in 2018, Professor Richard Werner warned about the plan to implement CBDCs.
Prof. Werner, a German banking and development economist, is known for his work in monetary economics and his contributions to the understanding of how money is created in the modern economy. He was the first to suggest the term “Quantitative Easing,” or QE, and also coined the term “QE2.”
He explained to the audience at the Monetary Institute that after abolishing the money supply and abolishing cash, central banks will “introduce digital cyber currency that central bank’s issue and control and thereby gain total control over all economic transactions, decisions and the whole lot.“
