Digital Euro: ECB Launches Charm Offensive

Zero Hedge, Thomas Kolbe

The European Central Bank (ECB) is pushing ahead with the “Digital Euro” project. On a new interaction platform, it is seeking dialogue with banks, startups, fintechs, and retailers. What is being sold as an open discourse is, in truth, calculated camouflage.

While the economic policy debate has shifted to the trade conflict with the US, things have gone quiet around the digital euro (CBDC). Yet, the ECB recently launched an online interaction platform where merchants and payment service providers can express their opinions about the new payment system. About 70 pre-selected market participants are to test the “ecosystem” of the digital euro in real-world applications and identify problems.

The platform enables the testing of new payment services, such as conditional payments or the integration of digital wallets in post offices. Proponents of the project aim to modernize the payment system, granting access to the financial system even to those currently excluded due to their economic situation.

However, this mainly applies to people in poorer regions of the world-here, the benefit of a digital payment infrastructure, as offered by stablecoins (usually denominated in US dollars), is obvious. The question is whether we should consider something like this for the eurozone. Does the Chinese model of the digital yuan really align with our values, which should balance utility, efficiency, security, and individual sovereignty?

What is the Digital Euro?

The digital euro would be a small revolution, leading to a fully centralized form of central bank money. In tokenized form, it could be technically programmed and controlled-each monetary unit could be assigned conditions, each transaction centrally managed. The ECB would then be the sole issuer and operator of central wallets and the entire account infrastructure.

Opinion: Pop Quiz:

What division of government controls the money supply of the European Union?

1. The president of the EU Commission
2. Parliament
3. The European Central Bank (ECB)

Correct answer: #3

That the ECB has concluded it’s pilot program for central bank digital currency and is pushing for an October 2025 launch is curious.

EU Debt Spiral makes an army for defense unattainable

• France debt to GDP 120%
• Italy debt to GDP 140%
• Greece debt to GDP 160%
• Belgium debt to GDP 105%
• Spain Debt to GDP 104%

The European Commission estimates the total level of unused savings of EU citizens at 10 trillion Euros, and it intends to find ways to mobilise this money to finance its plans to militarise Europe and support the European military-industrial complex, according to a statement by European Commissioner.

“A large part of Europeans’ savings lies in the form of deposits at very low interest rates (between 0.3 and 0.8 percent per annum) and even in the form of cash reserves. Mobilising even a small part of these resources will change the investment landscape in the EU,” the European Commissioner said  (source).

While several EU countries are members of NATO which according to Article 5, makes an attack on one member an attack on all, it is still the US that plays a significant role in enforcing this commitment.

Recent political developments between the EU and US President Trump over an EU short-fall in payments for defense have led to threats of the US Leaving NATO.

That the EU is economically unstable fulfills prophecy

“And the fourth kingdom shall be as strong as iron, inasmuch as iron breaks in pieces and shatters everything; and like iron that crushes, that kingdom will break in pieces and crush all the others. ⁴¹ Whereas you saw the feet and toes, partly of potter’s clay and partly of iron, the kingdom shall be divided; yet the strength of the iron shall be in it, just as you saw the iron mixed with ceramic clay. ⁴² And as the toes of the feet were partly of iron and partly of clay, so the kingdom shall be partly strong and partly fragile.”

Daniel prophesied that the 4th beast empire, Rome, would be represented by two legs of the statue – fulfilled in Rome and Constantinople (330AD)

The feet and toes of iron and clay represent the coming revived Roman Empire. Iron and clay indicate an unstable empire, an uncanny description of the European Union today.

Equally uncanny is that central bank digital currencies could bring three economic prophecies from Revelation leading to the end of the age.

• Revelation 6:5-6  – global hyperinflation from rampant over spending that destroys the nation’s currency
• Revelation 13:16-17 the mark of the beast – a deep depression will create the need for total control of currency
• Revelation 18:11 the total and final collapse of the beast economy

Se our paper: The 1% and Revelation: Do not Harm the Oil and wine here