Cashless: Fintech, CBDC and AI at the speed of Asia

Cashless: Fintech, CBDC and AI at the speed of Asia

MYTH BUSTING: No the Digital Euro Won't Reduce The EU's GDP

Once again, bank "shills" predict a CBDC apocalypse!

Rich Turrin's avatar
Rich Turrin
Feb 05, 2024
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Digital Euro Banking Federation
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A Copenhagen Foundation report commissioned by the European Banking Federation makes the false claim that the digital euro will “permanently” reduce the EU’s GDP by anywhere between 0.12 to 0.34%.

What is sad is that this bank-sponsored paper joins last year’s paper by the American Bankers Association in attempting to use unrealistic worst case scenarios to stoke fear and stifle CBDC innovation.

Don’t fall for it!

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