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<h2 id="header-0">The ECB president admitted that “there will be control” in regard to a digital euro. She said this in a meeting with a fake Zelensky.</h2><p>Lagarde said in the meeting that the decision on the new Euro CBDC will be taken in October 2023. It later turned out that the person claiming to be the Ukrainian president was in fact not Volodymyr Zelensky.</p><p>Lagarde said that moving towards a CBDC is necessary to stop being dependent on the Chinese or Russian currency or private companies like Facebook and Google.</p><h3 id="cbdc-will-control-transactions">CBDC will control transactions</h3><p>When the Zelensky impersonator said that Europeans do not like to be controlled, Lagarde said that there will be control but it could be limited to transactions above €300 or €400 euros.</p><p>She then continued by saying that a zero-control policy for those &#34;small&#34; transactions is dangerous as the attacks in France in 2015 were entirely financed by small transactions via credit cards, which went unnoticed.</p><blockquote>“We are considering whether for very small amounts, anything that is around 300, 400 euros, we could have a mechanism where there is zero control. But that could be dangerous.”</blockquote><p></p><img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/d2a5f973d23d4739b4b460eb782fa888.png" /><h3 id="the-crypto-community-responds-to-lagarde">The crypto community responds to Lagarde</h3><p>The crypto community has reacted heavily to the viral video of Lagarde, stating that the direction the ECB is heading is a catastrophic outcome in terms of privacy, control, and financial stability of economies.</p><p>But a big part of the crypto community has highlighted the benefits of the introduction of a Euro CBDC: investors and individuals will flock to $BTC #Bitcoin and other cryptocurrencies.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/f174534cec2b4f68a48df534842bef0e.png" /></p><h3 id="president-zelensky-impersonator">President Zelensky impersonator</h3><p>The duo that claimed to be Zelensky are Russian comedians Vovan and Lexus, who also pranked Harry Potter writer J.K. Rowling , Prince Harry, Kamala Harris, and even former US president George W. Bush. The personator in the video sounds like Zelensky but did not turn on their camera.</p><p></p><p><strong>What do you think? Is the CBDC a good or bad development?</strong></p><p>#CBDC #christinelagarde #cbdc #ECB #Zelensky #Bitcoin # #crypto2023 #dyor </p>

Christine Lagarde (ECB): "With CBDC we will have control!" she said in a meeting with Zelensky

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