ECB board member Piero Cipollone just dropped a timeline: digital euro could launch in 2029.
That's 5 years out. Plenty of time for:
• Regulatory theater
• Banks lobbying to water it down
• Privacy concerns getting buried
Meanwhile $BTC and stablecoins are already eating their lunch. CBDCs are the government's answer to losing monetary control—but they're moving at government speed.
Watch how this plays into the broader macro narrative. If the EU pushes a programmable currency with surveillance baked in, expect capital flight into decentralized alternatives.
2029 might be too late.
That's 5 years out. Plenty of time for:
• Regulatory theater
• Banks lobbying to water it down
• Privacy concerns getting buried
Meanwhile $BTC and stablecoins are already eating their lunch. CBDCs are the government's answer to losing monetary control—but they're moving at government speed.
Watch how this plays into the broader macro narrative. If the EU pushes a programmable currency with surveillance baked in, expect capital flight into decentralized alternatives.
2029 might be too late.