Quote from: Baofeng on March 20, 2019, 04:36:07 PM

Bitcoin Is Not Money Because We Cannot Print It Banks

Quote

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/

And yet another other attack, but seriously flaw argument coming from banks. But that's fine, hearing this kind of arguments make me think that they are really threaten by crypto and afraid that one day all of them will become obsolete, or least majority of people will go to crypto, specially bitcoin.

I mean you can physically print bitcoins if you wanted onto paper, it would just be the QR code on a piece of paper with the amount of the bitcoin the QR code holds and represents. Why waste the plastic (like the cdn dollar) or paper... we live in the digital age digital gangsters keep it digital. I mean it would help in the future if the main power grid went out or something.

like this