However the Euro is not threatened as such. If we shall talk about the end of our current monetary system then I see a total collapse happening sometime in the future.
This will be known as the big reset. And since all FIAT currencies has a dependence it will mean a total collapse of the current monetary system. History repeats 🤷♂️ no FIAT currencies have ever survived. Particular the current system is a massive Ponzi scheme not seen worse in history
You can only get rid of central banks when there’s a true decentralized monetary system in place!! So talking about no CB is nonsense unless you at the same time say decentralization
Meanwhile most CBs are rushing to implement CBDC which will become the biggest big brother move in history. 1984 was a children’s game compared to the upcoming CBDCs
I do not see a backed currency system happening again 🤷♂️ that ended in 1972