This is the fourth attempt in two decades. Here is the short history of earlier attempts:

https://x.com/moo9000/status/2006304163404128289

The difference this time is that Digital Euro is forced by ECB and control (and deposits) are taken away from banks.

Let's be real: The difference this time is the open hostility from the US towards Europe.

It's now been about a month since a White House deputy chief of staff for policy and homeland security advisor openly talked about/advocated for taking Greenland by force. POTUS was vague for a while.

Northern European nations sent like a hundred military officers to Greenland. POTUS then threatened those nations with, wait for it, tariffs.

Then the markets crashed and Rutte/Nato provided a face-saving de-escalation path.