Some might say that in this day and age, members of royal families across Europe should be treated like children in Victorian England: seen, but not heard.
They still appear to be pretty quiet in England – at least when it comes to digital money, cryptocurrencies, and related issues. But over in the Netherlands, Queen Máxima is very active of late trying her hand at vigorously promoting Central Bank Digital Currencies (CBDCs).
Not even a week ago, at a meeting dedicated to the digital euro in Brussels, Máxima made a “passionate plea” in favor of these controversial digital versions of fiat money; now, the audience gathered in Bali for the G20 summit heard much the same.
And critics say, it is at its core a call to introduce “a social credit system based on the Chinese model”.
Financial expert Arno Wellens, is one of those critics. “Max wants to introduce programmable digital money, supposedly to help the poor. That is a nonsensical argument”, Wellens wrote...
English (US) ·