Bitcoin Is Not Money Because We Cannot Print It Banks
Bitcoin is not money, the European Central Bank published a statement regarding bitcoin as not being a monetary asset. These words from the bank are immensely harsh for the crypto community. The crypto analyst and investor, Joseph Young suggests that the bank has released the statement as per the crypto assets being unprintable. Though this is an absurd manner to qualify a monetary asset as money, the bank does praise the technology in the working behind bitcoin. The technology, being the entire crypto protocols, most specifically, decentralization is breakthrough and can make up for some decent projects in the future.
https://blockpublisher.com/bitcoin-is-not-money-because-we-cannot-print-it-banks/this article is clickbait trash. that headline is a straight up lie.
the central bank didn't say anything at all about the ability to print money. all they said was "bitcoin is not money" which is no surprise because that's the default position of virtually all legacy institutions and authorities.
joseph young (a pro-bitcoin nobody) is the one who added "because they cannot print it".
people really need to boycott these horrible clickbait sites. they have zero integrity and it's embarrassing as a bitcoiner to be associated with this sort of blatant dishonesty.
some of y'all really need to start reading full articles and absorbing them before commenting because you're making the problem worse.