#speculative-asset

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Coindesk
6 months ago
Cryptocurrency

The European Central Bank Is Either Lying About Bitcoin or Lying to Itself

Bitcoin has been criticized by the ECB for being unsuccessful as a currency and investment, with a predicted fair value of 'zero dollars.'
Despite recent price increases, the ECB warned of a potential crash in the future due to bitcoin's unsustainable nature as a speculative asset. [ more ]
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