Reject a madness – Clearly, the choice ofAmazon – an actor private, not Europeanand in a situation of monopoly worldwide in its sector – does not pass as godfather of the digital euro. However, this block was heralded as obvious, except perhaps in the minds of the technocrats of the European Central Bank (ECB), who made this crazy choice. The sling against Amazon is established.
On September 16, 2022 the European Central Bank surprised his world by revealing the presence ofAmazon among the strategic partners of its future digital euro. This American company was however well chosen and truly to take care of e-commerce payments in this future crypto euro (which in reality is nothing “crypto”, given its strength centralization).
As the relationships including CoinDesk, several members of the European Parliament have vigorously disputed the decision of the ECB. Some in particular alluding to the record fine 746 million euros fined by Amazon for violating the rules of privacy and protection of personal data.
MEP Stephanie Yon-Courtin he also criticized Amazon’s choice by central bankers in terms of risks of foreign interference :
“How do you really explain this choice? In July 2022 you said about the digital euro which would protect the strategic autonomy of European payments and monetary sovereignty. (…) Three months later, they tell us [l’américain] Amazon was chosen out of 54 companies. “
The deputy Ernest Urtasun chastise the decision of the ECB for the risks of hegemonic position that the digital euro could give to a multinational like Amazon. He asked to Fabio Panettamember of the Executive Board of the ECB, review your copy :
“I would like to know if you intend to review this decision. (…) The involvement of the great American company Facebook in a cryptocurrency project [Libra/Diem] aroused strong opposition. (…) This project of the digital euro – which is essential and which Parliament has supported – risks starting with a very serious lack of credibility. “
No, of course, if the bankers are enthusiastic, the politicians fear the worst by entrusting the future central bank digital currency (MNBC) of Europe in the hands of the American giant.
Moreover unsettling once again, thinking of defending his central bank’s decision, Fabio Panetta explained that Amazon does not receive “No financial reward” for his work on the digital euro. But then Why this sprawling multinational will spend money for the e-euro? Well, maybe this popular expression is a clue: “If it’s free, you are the product”.
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