⚡Reflections from the Ark: Europe needs a firm narrative⚡

The European Central Bank surprises once again with dissonances when it comes to assessing the validity of digital assets, as an investment and payment means.

At the beginning of December 2023, they affirmed their interest with the publication of a study prepared by several researchers from the organization, which recognized the validity of#Bitcoinas a means to preserve value and carry out transactions, especially in emerging economies and in development.

Just a few weeks later, a critical analysis was published by Ulrich Bindseil, CEO of Market Infrastructure and Payments, and Jürgen Schaaf, advisor in this division. In their commentary, officials lash out at cryptoassets, stating that "the fair value of#Bitcoinremains zero."

According to them, the price level of#Bitcoin"is not an indicator of its sustainability" and, on the contrary, they consider that what market capitalization serves is to quantify "the global social damage that will occur when the castle of Bitcoin collapses." cards".

They wonder "why this dead cat is bouncing so high" and believe that, in their view, the market embarking on a new Bitcoin up-and-down cycle is a "dire prospect," leading to less knowledgeable retailers to enter through #FOMO and expose yourself to losses that only benefit the most experts.

Taking into account the disservice that Europe has been receiving in recent decades from its Transatlantic partner, in a relationship in which one only gives orders and the other obeys, we must consider which decisions can make your societies prosper or mortgage. .

Just remember that Ulrich Bindseil is "related" to #Ripple and #BIS. Anyway, we'll have to use the image archive😉

#havealovelyweekend💎