No evidence for EU social credit system via digital euro

The ECB has studied the digital euro since 2020, while ID2020 dates to 2016. A theory links them to a social credit system without proof.

English · Original discussion in Spanish · Published

There is no evidence that the European Union is implementing a social credit system through the digital euro, ID2020, and AI cameras. The proponents of this theory admit they rely only on intuition and observations since 2020.

The social credit theory circulates: it claims there is a plan to implement such a system in the European Union bypassing member states. The alleged tools would be the digital euro, ID2020, and AI cameras in Spanish municipalities. Those who support this view acknowledge having no proof.

## The digital euro prepared by the ECB

The **European Central Bank** (ECB) has been studying a digital euro since **2020**. In **October 2023**, it moved to the preparation phase.

The theory's question has some logic: if money is already virtual in most transactions, why do we need a digital euro? The official answer is that it aims to provide access to central bank money in digital format, not to restrict its use.

## ID2020 and cameras that don't measure gases

**ID2020** is a digital identity initiative launched in **2016**. The theory links it to the digital euro as a wallet controlling access to money. These are distinct projects with different governance structures.

Cameras at traffic lights and signs are presented as pollution meters. Cameras do not measure gases; other sensors do that. If they were for fining purposes, one asks, fines would occur at all sections, not just where declared estimulante ilegal radars exist.

## Mature AI, but no proof of a plan

**AI** already processes images at scale. Turning that capability into a European social credit system is the leap taken by the theory. There are no documents or leaks to back it up.

Those proposing it say so: they have no proof. Only intuition and what they observe since 2020. When in doubt about money or personal data, consult official sources or a professional.

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Summary of a discussion on Burbuja.info - Foro de economía, actualidad y política., translated from Spanish and reviewed before publication. Read the full discussion (0 replies).

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