It’s long gone when cash was the main means of payment in Spain. And with the arrival Credit cardscoins and banknotes became increasingly unusable in everyday life … From many citizens.
The truth is that the end of criticism seems near. Proof of this are the plans of the European Central Bank (ECB), which wants to strengthen Digital euroIt is an electronic version of the single currency that promises to completely change the way citizens conduct transactions.
The digital euro will be a means of electronic payment It is accessible and accepted in all countries For the euro area. This type of currency will be stored in an electronic wallet created at the bank or at a public intermediary, allowing all daily payments to be made using phone or card.
The digital euro project is scheduled to be ready for approval before the end of the year. This is what the Eurogroup ministers agreed upon. However, deadlines set by the European Central Bank set the launch date as soon as possible 2029.
In this sense, the Prime Minister said, Pedro SanchezIt was announced last week after the European Council held that member states wanted this ‘Advance decisively’ In implementing a digital euro as soon as possible. “I think we are moving in the right direction to establish it in the near future,” he stressed.
Pedro Ruiz’s opinion on the end of criticism in Spain
At the same time, debate The real impacts this electronic currency could have on banks, businesses, and citizens remain open. Many fear that the disappearance of coins and banknotes will mean their loss privacy In transactions and leaving adults behind.
One of the most vocal critics of the potential end of fiat currency and the implementation of a digital euro is the presenter Pedro RuizHe spoke on more than one occasion about the disappearance of coins and banknotes.
In a letter published in X, Ruiz once again launched a reflection on the issue. “I keep reading reviews about… Digital euro“, the translator began to say, and then issued his judgment on this new form of electronic payment: “For me, It is a disaster for digital dictatorship to end».
In this sense, Ruiz initiated a reflection on implementing this electronic payment as a form of digitalization. “Few prepare our future for their own good.”The translator denounced it.
I keep reading opinions about the digital euro. For me, it is a disaster that the digital dictatorship will end. Few people have our future in their interest.
– Pedro Ruiz (@ElPedroRuiz) October 27, 2025
This is not the first time the broadcaster has talked about saying goodbye to cash payment. A few months ago, he actually warned of the risks this would pose to many businesses and citizens: “Don’t give in and ask them to charge you or pay you money. The opposite is An unrepresentable economic dictatorship».
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