The aim is to have the digital euro fully in place by 2030 in order to move Europe fully into the United Nations' post-capitalist system described in Agenda 2030.
When asked how he would convince people that CBDCs would be a trusted medium of exchange, Bahrain’s central bank governor said that COVID made the digital transformation ‘something of a requirement’ that had ‘very little resistance.’
Bank for International Settlements general manager Agustin Carstens ignores the concerns of citizens all over the globe that governments and corporations could be able to program CBDCs to restrict less desirable purchases.
Programmability is a key feature of CBDC, where governments, banks, and their customers could have total control over when, where, and how your money is spent.