Slovaks voted for constitutional protection of physical money
Although the European Central Bank (ECB) is touting it as an alternative to cash payments, Slovaks have expressed concern that they may be forced to use the digital euro exclusively in the future.
Slovak politicians voted a decision in their national parliament in which they introduced the right to pay for services and products in cash into their Constitution. The decision comes after increasing globalist pressures surrounding the introduction of the digital euro. By adopting this decision, which was supported by 111 members of parliament (about 75% of the total number of representatives), Slovaks hope to protect their citizens from forced use of the digital euro.
This decision was proposed and pushed by the Sme Rodina party, related to the European Identity and Democracy group.
Although the European Central Bank (ECB) is touting it as an alternative to cash payments, Slovaks have expressed concern that they may be forced to use the digital euro exclusively in the future.
“It may initially be sold as an alternative, but gradually it will become clear that it can only be an exclusive,” said one of the MPs who supported the proposal. They believe that digital currency will be used as a means of surveillance and control of their citizens, which is contrary to the principles of freedom and sovereignty.
It may initially be sold as an alternative, but gradually it will become clear that it can only be an exclusive.
The ECB has previously claimed that the digital currency will have the same level of privacy as cash. They also said it would allow lawmakers to strike a balance between privacy and anti-money laundering controls. However, it is clear that the digital euro will not be able to provide the privacy that cash has.
Slovaks are the first to officially make a decision protecting the right of citizens to pay in cash. However, they are not the first country to express concern, Germany and Italy are worried about the disintermediation of banks, the Netherlands is worried about supervisory control, in Nigeria citizens have not started using digital money due to a justified lack of trust in the central bank. In a conversation with his colleagues from Slovakia, Croatian member of the European Parliament Ivan Vilibor Sinčić learned that Austria will soon follow Slovakia and will officially protect cash.
Slovaks are the first to officially make a decision protecting the right of citizens to pay in cash.
The fight for freedom in the 21st century will reach new levels, and we can only win together.
