Crypto Payments: When Even the ECB Starts Paying Attention… 👀
The tides are turning. Ulrich Bindseil, the European Central Bank’s most notorious Bitcoin critic, the mastermind behind “Bitcoin’s Last Stand” and other anti-crypto rants, has just co-authored a research paper admitting something we’ve known all along: Crypto payments work.
Instant. Frictionless. 24/7. Peer-to-Peer. Low-cost.
For years, the ECB and traditional finance have dismissed public blockchains, labeling them speculative, inefficient, and risky. But now? Even the biggest skeptics are realizing that the payment infrastructure of tomorrow is already here.
Their own paper lays it out clearly:
- No intermediaries → Crypto payments flatten financial systems, removing inefficiencies.
- Universal settlement → The ability to send & settle any asset, anytime, anywhere.
- Programmability → Smart contracts enable instant, automated transactions.
- Resilience → Unlike centralized banking rails, crypto runs on decentralized, unstoppable networks with near-100% uptime.
Sounds familiar? Because these are the exact reasons OffChain Luxembourg has been pushing crypto payments forward in the real world.
- Payments shouldn’t rely on outdated infrastructure.
- Merchants shouldn’t be forced to pay 1.5%–4% in credit card fees.
- Users shouldn’t be at the mercy of failing systems.
The ECB’s Target2 meltdown last week? A wake-up call. 7 hours of chaos in Europe’s financial system because of a “hardware defect.” Crypto didn’t blink.
At Indie’s & Al21, real people are already using crypto payments in Luxembourg. No intermediaries. No fees. Just pure, efficient transactions.
The ECB might finally be catching up. But while they debate in research papers, we’re making it happen.
Want to be part of the future? Join us. The adoption wave is here. Crypto payments are not the future. They’re the present.
