"Bitcoin's Last Stand" – ECB's misguided Take on Bitcoin
Yesterday, the European Central Bank published a damning article on Bitcoin its official blog. It’s an attack on Bitcoin from one of the biggest monetary institutions. Let’s clarify & fact check.
It’s hard not to disagree with this blog post. It’s a direct attack on Bitcoin. It’s also surprising that it was published under such a prominent name as the European Central Bank.
It adds to the famous collection of doomsayers who predicted that “Bitcoin would be dead”. Those doomsayers reappear during Bitcoin downturns, which are by now almost as pred…