CBDC will be used for ‘control’ ECB president admits in vid chat with fake Zelensky
A widely shared video of European Central Bank (ECB) President Christine Lagarde admitting that a Digital Euro will be used in a "limited" way to control the payments people can make was taken from the three week old prank video.
The video was highlighted by breaking news account Watcher Guru on April 6 and generated a significant amount of social media chatter. In it Lagarde cited a desire to not be reliant on an “unfriendly countries currency,” or a currency provided by a “private corporate entity like Facebook, or like Google.” She said she is “personally convinced that we have to move ahead” with the Digital Euro.
JUST IN: European Central Bank President reveals plans to launch a digital euro (CBDC), says there will be control over payments. pic.twitter.com/szCFxBkZDR
Cointelegraph traced the original source of the video to a prank video from March 17 in which Lagarde appears to speak more candidly than normal as she believed she was speaking to Ukraine President Volodymyr Zelensky.
The pranksters have had similar conversations with other public figures, such as Harry Potter author J.K. Rowling and former U.S. President George W. Bush.
When "Zelensky" noted that “the problem is they [European protestors] don’t want to be controlled” by a Central Bank Digital Currency (CBDC), Lagarde admitted that “there will be control, you’re right. You’re completely right,” but suggested it would be a “limited amount of control,” adding:
But Lagarde noted that terrorist attacks can, and have been, entirely financed by small, anonymous transactions.
Related: CBDCs ‘threaten Americans’ core freedoms’ — Cato Institute
Lagarde’s comments have been heavily criticized by the crypto community, particularly relating to her mention that a
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