Goodbye Visa & Mastercard? The Digital Euro Explained

Video Description

PLAUD AI is an incredible productI! Their note taker is a game-changer for meetings, lectures, and calls—turning them into instantly summarized notes with AI. Get PLAUD Today Website - Notepin: https://bit.ly/47mfPdF Website - Note: https://bit.ly/4onwaVH Use Code “EUMS10” for 10% Off Amazon - notepin: https://amzn.to/455wmBi Use Code “EUMS10YTB” for 10% Off! The Digital Euro could transform the way Europe pays – but is it freedom, or control? From killing transaction fees to breaking dependence on Visa & Mastercard, this EU-backed currency promises big changes. We’ll explore how it works, why it’s being launched, and the controversy around privacy and banking stability. The ECB says it’s like cash – just digital – but critics warn of surveillance risks. Here’s everything you need to know before it arrives between 2027 and 2028. Support the Channel: 💁‍♂️ Patreon: https://www.patreon.com/eumadesimple ☕ Buy me a Coffee: https://www.buymeacoffee.com/EUMadeSimple 📷 Youtube: https://www.youtube.com/c/TheEUmadeSIMPLE Website: https://eumadesimple.eu/ Social Media: 📷 https://www.instagram.com/eu_made_simple/ 𝕏: https://twitter.com/EU_Made_Simple 📹 https://www.tiktok.com/@eumadesimple 👥 Discord: https://discord.gg/ccU4JSKAEy Other Languages: 🇬🇧 English: http://www.youtube.com/@EUMadeSimple 🇩🇪 German: http://www.youtube.com/@EUMadeSimpleDeutsch 🇫🇷 French: http://www.youtube.com/@LUESimplifiee 🇮🇹 Italian: https://www.youtube.com/@UEinmodosemplice 🇷🇴 Romanian: https://www.youtube.com/@UEinModSimplu 🇧🇬 Bulgarian: https://www.youtube.com/@ЕСОпростен 🇬🇷 Greek: https://www.youtube.com/@EE_APLA Sources: https://www.reuters.com/sustainability/boards-policy-regulation/retailers-urge-european-commission-crack-down-visa-mastercard-2025-05-14/ https://www.reuters.com/markets/europe/europes-dependence-us-payment-firms-leave-it-open-coercion-ecbs-lane-says-2025-03-20/ https://www.ecb.europa.eu/press/pr/date/2023/html/ecb.pr231018~111a014ae7.en.html https://www.banque-france.fr/en/monetary-strategy/means-payment/digital-euro#:~:text=At%20this%20stage%2C%20the%20decision,from%202027%20or%202028%20onward https://www.thebanker.com/partner-content/076f3b21-8309-4a7c-ab8f-7a854d65e21b https://www.ecb.europa.eu/euro/digital_euro/how-it-works/html/index.en.html