European Central Bank attacks bitcoin: “It’s not a currency”
The European Central Bank is not a fan of cryptocurrencies, that has been known for quite some time.
Now the central bank, which is the EU’s monetary body, is attacking bitcoin.
In response to a tweet asking if the European Central Bank will add the cryptocurrency to its reserves, the bank answers no – and it’s a big no.
“Bitcoin is not a currency. It is an asset, and it is very volatile”, the central bank’s official account writes.
The crypto community does not agree
Supporters of the cryptocurrency are not with the central bank on their assessment.
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