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A video of European Central Bank (ECB) President Christine Lagarde has been circulating on social media, with many believing it to be real. In the video, Lagarde appears to acknowledge that the digital euro will be used to control payments in a limited way. However, it has since been revealed that the video was fake.
The video was originally shared by the latest news account Watcher Guru on April 6, and generated a lot of social media chatter. In the video, Lagarde is heard saying she does not want to rely on “unfriendly country currency” or currency provided by “private corporate entities like Facebook or like Google.” He went on to say that he is “personally convinced that we have to move forward” with the digital euro.
It has since emerged that the video was taken from a prank video created by a group of individuals having similar conversations with other public figures. Harry Potter author JK Rowling and former United States President George W. Bush were also victims of similar hoaxes.
The ECB has not yet announced any concrete plans for the development or implementation of a digital euro. However, the idea of a central bank digital currency has gained traction in recent years, with many countries exploring the potential advantages and disadvantages of such a system.
The digital euro has the potential to provide a number of benefits, including increased financial inclusion, lower transaction fees, and better security and privacy. However, there are also concerns about the potential risks and challenges associated with such systems, including the possibility of cyber attacks and the need to balance privacy concerns with the need for transparency and accountability.
In light of recent hoax videos, it is important to be careful when consuming news and information online. Misinformation and fake news can spread quickly, and it’s important to verify the authenticity of sources and information before sharing or acting on it. The ECB has not made any official announcements regarding the use of the digital euro, and any news or rumors should be received with caution until confirmed by a credible source.
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