, 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 »
European Union Chief to Accept Sustainability Honor at European Film AwardsUrsula von der Leyen, the president of the European Commission, will accept the newly introduced European Sustainability Award – Prix Film4Climate on behalf of her organization at the 35th European… The ego of these people, glad giving awards to themselves to make themselves feel better while Europeans are dying over high energy prices. But sure climate Can’t wait to give out this awards on the 10th of December
Source: Variety - 🏆 108. / 63 Read more »
India’s Central Bank to Launch Retail Pilot of Digital RupeeDigital rupee tokens will be issued in the same denominations as paper currency or coins and users can transact with merchants or other users through a digital wallet issued by participating banks. Ripple XRP use case next. MahsaAmini مهسا_امینی NikaShakarami نیکا_شاکرمی اعتصابات_سراسری IranRevolution Hadis_Najafi SarinaEsmailzadeh کردستان HosseinRonaghi OpIran FreeIran WomanLifeFreedom ArmitaAbbasi Zahedan توماج_صالحی اتحاد_اعتراض_اعتصاب زن_زندگی_آزادی The beast is coming. None shall buy and sell without its mark. Hopefully we can out build them and create trust-less decentralized protocols that can withstand the tides to come.
Source: WSJ - 🏆 98. / 63 Read more »
Royal Bank of Canada to buy HSBC Bank Canada for $13.5 billionThe Royal Bank of Canada said on Tuesday that it will acquire HSBC Canada for an all-cash transaction of $13.5 billion. Find out more. via financialpost
Source: TheStarPhoenix - 🏆 253. / 63 Read more »