, Ulrich Bindseil, director general of market infrastructure and payments at the European Central Bank , and Jürgen Schaaf, advisor to the senior management of the market infrastructure and payments business area of the ECB, predict that Bitcoin is heading toward irrelevance.
Bindseil and Schaaf believe that the recent price stabilization is the"last gasp" before the cryptocurrency eventually plunges lower.crypto empire that sparked the biggest cryptocurrency crisis to date. The largest cryptocurrency has not gained any traction as a means of payment while also failing to perform as a viable investment option. The ECB says that Bitcoin only managed to benefit from waves of new investors who want to speculate on the cryptocurrency's price.
ecb Yes dump it
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European Central Bank says bitcoin is on the 'road to irrelevance'The remarks are timely, with the crypto industry reeling from one of its most catastrophic failures in recent history: the downfall of FTX. Once again, Europe is well behind what everyone else already knows. Coca Cola says Pepsi tastes bad I’m calling 🧢 this what the want you to think
Source: CNBC - 🏆 12. / 72 Read more »
Bitcoin's Last Stand: ECB Staffers Say the Crypto is on 'Road to Irrelevance''Bitcoin has never been used to any significant extent for legal real-world transactions,' and crypto tech has created limited value for society, according to ecb officials. By iamsandali ecb iamsandali That sounds like people talking about the internet in 1995 ecb iamsandali The Euro is becoming insignificant considering they hit 40 year lows quite recently ecb iamsandali People is want to hear from you that bitcoin is 100,000 usd... Not that
Source: CoinDesk - 🏆 291. / 63 Read more »