This is What the European Central Bank thinks about Bitcoin
I love spending a lot of time on Twitter because it's the place where you see the weird things ever. This tweet was sent by the European Central Bank back in February and I couldn't believe what they think about Bitcoin.
There will be always arguments between people who use fiat and the ones who use cryptocurrency. Which one is better? I don't know about you but I support cryptocurrencies and I think they represent the future of the currencies worldwide.
What do you think? Leave your comments below.
Have a great night. See you on my next post.😚💋
No olvides seguir mi blog y redes sociales:
it is not in the interest of governments that btc take them out of their predatory position.
The Bank's FUD against Bitcoin is actually why Bitcoin is such a good thing.
1 - "No one is backing it". Exactly! If "one" is backing it, "one" is controlling it. That "one" is not the person whos' money it is. For the USD, the "one" who backs it is now over 20 Trillion USDollars in debt. The fact is that Bitcoin is backed by MATH. Even aliens can't argue with math. Math can never go into debt.
2 - "Users are not protected". Actually, since each user controls their own Bitcoin, they are protected from bank runs, inflation, banks cutting the Users off from their money on a whim. Bitcoin protects Users from banks!
3 - "It is not widely accepted" After only 9 years of existence, Bitcoin is accepted worldwide. No fiat currency, not even the almighty USD is accepted worldwide. When Bitcoin is as old as USD, it will be Universally accepted. Since it is backed by Math, even aliens will accept it.
4 - "It is too volitile" Fiat currencies are not volatile - they constantly decrease in value due to inflation. Bitcoin is volatile because it is the world's first Natural Market and the market is very young. As adoption increases, volitility will decrease and its value will increase because there is only a limited supply, unlike fiat currency, where the "ones" who back it constantly create more and more of it.
muy buena tu informacion el bitcoin como que es el boom
If that's what defines a currency, then what did those useless, corrupt old dinosaurs make of the Zimbabwean dollar and the Venuzuelan bolivar? Also not a surprise that those disingenuous has-beens only want to focus on the oldest, most out-moded crypto currency offered by the market.