Home Latest Insights | News Could NATO be used as a bargaining tool, to sink the Digital Euro?

Could NATO be used as a bargaining tool, to sink the Digital Euro?

Could NATO be used as a bargaining tool, to sink the Digital Euro?

Vice President-elect JD Vance said the US could withdraw its support for NATO if Europe tries to regulate Elon Musk’s X said Aleksandar Jaksic

The incoming U.S. Presidency has clearly recognising NATO membership as a bargaining chip with European States either currently or interested in membership.

Trump is outspoken about his disdain for the pact, seeing it as disproportionately benefiting the other members, and as a net burden to the US taxpayer.

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It’s most likely the X ban issue is relevant for the EU nations only. The European nations not in the EU are not part of a collective decision making process which could execute on the ban.

But there is another issue in development that is closer integrally, and ideologically in the remit and purpose of NATO. That is a CBDC (Central Bank Digital Currency) or more specifically, in this case, the
DIGITAL EURO.

The North Atlantic Treaty Organization (NATO), was formed on April 4, 1949 under the leadership and incorporation of then US President, Harry S. Truman.

Truman set out the cornerstone ideology of NATO in two statements, one on April 4, and a second one on April 24:

“By this treaty, we are not only seeking to establish freedom from aggression and from the use of force in the North Atlantic community, but we are also actively striving to promote and preserve peace throughout the world.” …

“In this pact, we hope to create a shield against aggression and the fear of aggression–a bulwark which will permit us to get on with the real business of government and society, the business of achieving a fuller and happier life for all our citizens.”

You will notice that there is no specific reference to military action, with the statement referring to ‘freedom from aggression and from the use of force’ , and a ‘shield against aggression’.

It doesn’t say the measures are military, or are confined to being military. All measures in pursuit of the aims, are on the table.

Leading on:

“Tonight, I’m also making another promise to protect Americans from government tyranny. As your president, I will never allow the creation of a central bank digital currency,” …. A digital currency would give our federal government absolute control over your money. They could take your money and you wouldn’t even know that it was gone. This would be a dangerous threat to freedom and I would stop it.” – Donald Trump (Source – Armstrong Economics; Politico).

There is a clear availability of interpretation here which is very reasonable. A CBDC, operating in any of its member states, can be seen as not working in the best interest of NATO aims and objective.

Donald Trump could easily require outlawing CBDC as a revision of NATO membership. They could insist the whole NATO alliance of nations becomes a CBDC free zone.

This is a far more viable requirement. If the future Trump Administration can leverage NATO over an X ban, they can most certainly demand all NATO nations are free of CBDC.

We are just in the wake of a US election, a time when everyone contesting says many things, much of which could be electioneering and froth.

We’ve seen a surge in values related to blockchain products, particularly cryptocurrency, and especially Bitcoin.

Donald Trump has said many things, but it is only when a leader assumes power, the execution priorities become clear.

His position on US as the backbone of NATO is probably the oldest and most enduring opinion here. After that comes being averse to a Digital Currency, while support of cryptocurrency, particularly Bitcoin, only emerged in the wake of the Republican primaries, and really only gathered pace in the wake of the Biden-Harris handover.

9ja Cosmos is being cautions in the current environment. We suspend any major product direction decisions until after January 20. By then, the fortune of investment and business activities influenced by ‘The Trump Factor’ will be far clearer.

 

Note: This content first appeared on LinkedIn as a post about two days ago. It has been plagiarised severally since. Official copy has only been granted to Peter Oluka of  Techeconomy NG.

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