歐元注定要與貨幣政策和地緣政治緊張局勢一起漂移嗎？

比特幣的傑出人物邁克爾·塞勒（Michael Saylor）堅信這一點。在一條引人注目的推文中 - “ Eur Guant Reed BTC” - MicroStrategy的首席執行官警告說，歐洲貨幣的未來。

"EUR gonna need BTC for this one."

“ EUR將需要BTC為此。”

This striking tweet from Michael Saylor, a prominent figure in bitcoin, sums up the ironic situation Europe finds itself in. As the U.S. rapidly integrates cryptos, the Eurozone remains hesitant, caught between the need for sovereignty and the risk of obsolescence.

這是比特幣中著名人物邁克爾·塞勒（Michael Saylor）的這一引人注目的推文總結了歐洲的諷刺局勢。隨著美國迅速整合加密貨幣，歐元區仍然猶豫不決，這引起了主權的需求和過時的風險。

Recently, however, a sense of urgency has crept into the usually stoic pronouncements of European finance officials. At a meeting on March 10, officials expressed irritation with the United States’ rapid crypto integration, especially in the wake of President Donald Trump’s decree authorizing a state bitcoin reserve.

然而，最近，歐洲財政官員通常的緊迫感迫切了。在3月10日的一次會議上，官員對美國快速加密整合表示刺激，尤其是在唐納德·特朗普總統授權州比特幣儲備金的法令之後。

This move, which saw the U.S. go from skeptical spectators to masters of the game, has put Europe in a difficult position, fear being the main driver.

這一舉動使美國從持懷疑態度的觀眾變成了比賽的大師，這使歐洲處於艱難的位置，擔心成為主要驅動力。

“The foreign policies have major consequences for us,” said Paschal Donohoe, president of the Eurogroup, the body of European Union finance ministers.

歐盟財政部長歐洲群島總裁Paschal Donohoe說：“外交政策對我們產生了重大影響。”

Edible irony

可食用的諷刺

A euphemism for the risings of a battered euro if the dollar, aided by ubiquitous stablecoins, manages to exert undue dominance.

如果美元在無處不在的穩定階層的幫助下，委婉的是遭受損失的歐元的興起，則設法實現了不當的統治地位。

Moreover, this crypto initiative unleashes an old European nightmare: the loss of sovereignty, a topic that came up during the 2020 launch of Facebook’s Libra project. Back then, the move prompted the European Central Bank (ECB) to accelerate plans for a “digital euro.”

此外，這項加密計劃釋放了一場古老的歐洲噩夢：喪失主權，這是2020年Facebook的《天秤座項目》推出期間出現的話題。那時，此舉促使歐洲中央銀行（ECB）加速了“數字歐元”的計劃。

But Diem (formerly Libra) ultimately collapsed in 2022, leaving Europe with a stark choice: invent its own digital currency or accept that other nations or private actors will forge ahead.

但是Diem（以前是天秤座）最終在2022年倒塌，使歐洲有一個鮮明的選擇：發明自己的數字貨幣或接受其他國家或私人參與者將努力提前。

“Without a digital euro, the dollar will become the dominant currency in private digital money,” said Philip Lane, chief economist at the ECB.

歐洲央行的首席經濟學家菲利普·萊恩（Philip Lane）表示：“沒有數字歐元，美元將成為私人數字貨幣的主要貨幣。”

The numbers bear this out: 99% of stablecoins are pegged to the greenback, silently asserting its hegemony, which could relegate the euro to a secondary role in daily payments.

這個數字解決了這一點：99％的Stablecoins與綠背掛在一起，默默地斷言了其霸權，這可以將歐元降級為每日付款中的次要角色。

But perhaps the real Achilles’ heel for Europe is the tech giants. Apple Pay, Google Pay, and PayPal already control 80% of digital transactions in the Old Continent. These actors, mostly American, could soon integrate dollar-denominated stablecoins, creating a system dependency.

但是，也許真正的阿喀琉斯腳跟是歐洲的高跟鞋。 Apple Pay，Google Pay和PayPal已經控制了舊大陸的80％的數字交易。這些演員，大多是美國人，很快就可以整合以美元計價的穩定劑，從而創造系統的依賴性。

Double threat: Tech giants and stablecoins

雙重威脅：科技巨頭和穩定的

Faced with this double threat — technological and monetary — the ECB is counting on the digital euro to regain control. As Lane put it, it would be “a universal payment solution, with European governance.”

面對這種雙重威脅（技術和貨幣），歐洲央行正在依靠數字歐元重新控制控制。正如萊恩（Lane）所說，這將是“具有歐洲治理的普遍支付解決方案”。

However, this project is still mired in bureaucratic procedures. Meanwhile, bitcoin, decentralized and stateless, is steadily gaining market share.

但是，該項目仍在官僚程序中陷入困境。同時，比特幣，分散且無國籍，正在穩步獲得市場份額。

The transition from the digital euro to bitcoin seems inevitable. If the former is a shield, the latter could be the sword. While Europe deliberates, Saylor highlights the essence: cryptos are not merely a payment instrument but also a hedge against monetary deterioration.

從數字歐元到比特幣的過渡似乎是不可避免的。如果前者是盾牌，那麼後者可能是劍。儘管歐洲進行了審議，但Saylor強調了本質：加密不僅是一種支付工具，而且是對金錢惡化的對沖。

Could bitcoin, in its decentralized form, be the savior that Europe needs?

比特幣以其分散形式是歐洲需要的救星嗎？

The irony is striking. Europe, the cradle of banking innovation, finds itself lagging behind in the digital age. Its digital euro project, initially conceived as a response to Libra, arrives rather late on the scene. Dollarized stablecoins and Big Tech have already set the stage.

具有諷刺意味的是。歐洲，銀行創新的搖籃，發現自己在數字時代落後。它的數字歐元項目最初被認為是對天秤座的回應，在現場很晚才到達。美元的Stablecoins和Big Tech已經奠定了基礎。

On the other hand, Michael Saylor has a broader vision. Bitcoin is not just an alternative to traditional currencies; it is a hard asset, deflationary in nature and not subject to the whims of central bankers.

另一方面，邁克爾·塞勒（Michael Saylor）的視野更廣泛。比特幣不僅是傳統貨幣的替代品。這是一項艱苦的資產，本質上是通信，不受中央銀行的異想天開。

While the ECB tries to maintain control of the narrative with its project, BTC embodies individual sovereignty—a concept that can be unsettling but also liberating.

儘管歐洲央行試圖通過其項目來保持對敘事的控制，但BTC體現了個人主權，這一概念可能令人不安，但也可以解放。

And if the euro manages to survive by forging an alliance with bitcoin? For now, Brussels maintains its stance on regulatory priorities. But faced with the rapid pace of American crypto integration, the vise is tightening. As one official noted, “Europe does not have the luxury of time.”

如果歐元通過與比特幣建立聯盟來設法生存？目前，布魯塞爾對監管優先事項保持了立場。但是，面對美國加密整合的快速步伐，虎鉗正在收緊。正如一位官員指出的那樣，“歐洲沒有時間的奢侈。”

Michael Saylor has lit a fuse with his tweet, and it remains to be seen if Europe will heed the warning. Without bitcoin, the euro risks becoming obsolete, suffocated by the dollar and stablecoins. The single currency must choose: adapt or disappear. The countdown has begun.output:

邁克爾·賽勒（Michael Saylor）與他的推文相連，歐洲是否會注意警告還有待觀察。如果沒有比特幣，歐元的風險就會過時，被美元和穩定的人窒息而死。單貨幣必須選擇：適應或消失。倒計時已經開始。輸出：