欧元注定要与货币政策和地缘政治紧张局势一起漂移吗？

比特币的杰出人物迈克尔·塞勒（Michael Saylor）坚信这一点。在一条引人注目的推文中 - “ Eur Guant Reed BTC” - MicroStrategy的首席执行官警告说，欧洲货币的未来。

"EUR gonna need BTC for this one."

“ EUR将需要BTC为此。”

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.

这是比特币中著名人物迈克尔·塞勒（Michael Saylor）的这一引人注目的推文总结了欧洲的讽刺局势。随着美国迅速整合加密货币，欧元区仍然犹豫不决，这引起了主权的需求和过时的风险。

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，欧洲财政官员通常的紧迫感迫切了。在3月10日的一次会议上，官员对美国快速加密整合表示刺激，尤其是在唐纳德·特朗普总统授权州比特币储备金的法令之后。

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.

这一举动使美国从持怀疑态度的观众变成了比赛的大师，这使欧洲处于艰难的位置，担心成为主要驱动力。

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

欧盟财政部长欧洲群岛总裁Paschal Donohoe说：“外交政策对我们产生了重大影响。”

Edible irony

可食用的讽刺

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

如果美元在无处不在的稳定阶层的帮助下，委婉的是遭受损失的欧元的兴起，则设法实现了不当的统治地位。

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，这项加密计划释放了一场古老的欧洲噩梦：丧失主权，这是2020年Facebook的《天秤座项目》推出期间出现的话题。那时，此举促使欧洲中央银行（ECB）加速了“数字欧元”的计划。

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）最终在2022年倒塌，使欧洲有一个鲜明的选择：发明自己的数字货币或接受其他国家或私人参与者将努力提前。

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

欧洲央行的首席经济学家菲利普·莱恩（Philip Lane）表示：“没有数字欧元，美元将成为私人数字货币的主要货币。”

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.

这个数字解决了这一点：99％的Stablecoins与绿背挂在一起，默默地断言了其霸权，这可以将欧元降级为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，也许真正的阿喀琉斯脚跟是欧洲的高跟鞋。 Apple Pay，Google Pay和PayPal已经控制了旧大陆的80％的数字交易。这些演员，大多是美国人，很快就可以整合以美元计价的稳定剂，从而创造系统的依赖性。

Double threat: Tech giants and stablecoins

双重威胁：科技巨头和稳定的

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.”

面对这种双重威胁（技术和货币），欧洲央行正在依靠数字欧元重新控制控制。正如莱恩（Lane）所说，这将是“具有欧洲治理的普遍支付解决方案”。

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

但是，该项目仍在官僚程序中陷入困境。同时，比特币，分散且无国籍，正在稳步获得市场份额。

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.

从数字欧元到比特币的过渡似乎是不可避免的。如果前者是盾牌，那么后者可能是剑。尽管欧洲进行了审议，但Saylor强调了本质：加密不仅是一种支付工具，而且是对金钱恶化的对冲。

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

比特币以其分散形式是欧洲需要的救星吗？

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.

具有讽刺意味的是。欧洲，银行创新的摇篮，发现自己在数字时代落后。它的数字欧元项目最初被认为是对天秤座的回应，在现场很晚才到达。美元的Stablecoins和Big Tech已经奠定了基础。

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，迈克尔·塞勒（Michael Saylor）的视野更广泛。比特币不仅是传统货币的替代品。这是一项艰苦的资产，本质上是通信，不受中央银行的异想天开。

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.

尽管欧洲央行试图通过其项目来保持对叙事的控制，但BTC体现了个人主权，这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.”

如果欧元通过与比特币建立联盟来设法生存？目前，布鲁塞尔对监管优先事项保持了立场。但是，面对美国加密整合的快速步伐，虎钳正在收紧。正如一位官员指出的那样，“欧洲没有时间的奢侈。”

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:

迈克尔·赛勒（Michael Saylor）与他的推文相连，欧洲是否会注意警告还有待观察。如果没有比特币，欧元的风险就会过时，被美元和稳定的人窒息而死。单货币必须选择：适应或消失。倒计时已经开始。输出：