Europe’s Bitcoin Reserve Silence: A Digital Euro Plot?

In this age of digital whimsy, our learned European lawmakers have maintained a most curious silence upon the subject of the American Bitcoin Reserve, a scheme most cunning, favoring the early birds of the Bitcoin realm.

President Trump, with a flourish of his pen on March 7th, decreed that a Bitcoin reserve be conjured, not from the market’s coffers, but from the spoils of crypto-nemeses caught in the act!

Alas, our European sages have yet to utter a peep about such Bitcoin troves, leading one to ponder their true intentions for integrating this digital gold into their national coffers.

Madame Anastasija Plotnikova, a doyenne of blockchain regulation, suggests this silence may be due to the glacial pace of adding new treasures to the national hoard. She quips:

“There is a dance, most staid and proper, to adding assets to the national treasuries, and it is rarely a sprightly voter or a jolly central banker who leads the charge.”

“The ECB, oh how it frowns upon Bitcoin as a reserve asset, thus slamming shut the door on all EU member states,” laments Madame Plotnikova.

As this unfolds, our lawmakers are abuzz with the launch of the digital euro, a coin most central and digital, if such a thing can be believed!

The digital euro’s march: A tale of infrastructure woes

The hush of our European dignitaries on Trump’s Bitcoin reserve may well be due to their digital euro distraction, says Master James Wo, a venture capitalist of note.

“The ECB stands firm against holding Bitcoin, as Madame President Lagarde has oft-repeated,” Wo declares to CryptoMoon, adding:

“The EU’s heart is set on the digital euro, yet the recent(Target 2) payment system’s snafu, causing transactions to lag, does give one pause about their digital currency oversight.”

The digital euro’s debut: October 2025 beckons

Undeterred, President Lagarde steers the digital euro towards its destiny, come October 2025. She assures us that this CBDC shall live in harmony with cash, offering privacy akin to the whispers of the night.

“The digital euro shall arrive by autumn’s end,” Lagarde proclaims, “We strive to make it a pseudonymous companion to cash, a privacy shield against the prying eyes of government.”

While the EU toils to weave a centralized digital currency into the fabric of Europe, Trump stands resolute against such CBDCs.

CBDCs, lauded for their potential to bring the unbanked into the fold, have also raised eyebrows for their Orwellian overtones and the specter of government’s long arm.

In Brazil, the central bank’s CBDC pilot’s source code was laid bare, and lo! It took but four days for the masses to spot the tools of surveillance and control, allowing the freezing or shrinking of funds at the central bank’s whim.

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2025-03-10 16:33