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Bitcoin is about to die (www.barrons.com)

posted 3 years ago by Traps4GME 3 years ago by Traps4GME +11 / -0

Bitcoin Is on Its ‘Last Gasp’ Before Irrelevance, ECB Officials Say

Bitcoin's demise was baked in far before the collapse of crypto exchange FTX, and digital assets are merely a speculative bubble, the central bankers said.

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▲ 9 ▼

– Vlad_The_Impaler 9 points 3 years ago +9 / -0

BS propaganda from liars

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▲ 7 ▼

– Traps4GME [S] 7 points 3 years ago +7 / -0

Well, all they have to do is turn off all exchanges to fiat conversion and it is game over.

Crypto/digital assets are only a thing because it can convert to fiat.

Arguments against?

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▲ 2 ▼

– deleted 2 points 3 years ago +2 / -0

▲ 1 ▼

– Traps4GME [S] 1 point 3 years ago +1 / -0

It will not get banned. The network cannot be banned.

The conversion to fiat will get banned globally.

Do you think TPTB will allow a viable alternative to CBDC?

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▲ 5 ▼

– deleted 5 points 3 years ago +5 / -0

... continue reading thread?

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