Post
Topic
Board Bitcoin Discussion
Re: Unwarranted ECB claims about BTCs "last stand"
by
Z-tight
on 05/12/2022, 20:49:54 UTC
Do you think this bear cycle will be more severe than previous ones? What are your thoughts about these claims?
It does not matter how severe the bear cycle is or will be, the bear cycle does not affect the BTC network, only its price, which happens only for the meantime, and that surely can't mean the end of BTC. These claims are just made to make people hate BTC so they would not control their own money, which favors the ECB.

The ECB has no fact against BTC and that's why they have no claim at all, or a very weak one. BTC does not have any issues with its security, the network cannot be controlled, mining is going on fine and the hash rate is very high, the BTC network cannot be breached or hacked or taken over by a miner or mining pool, if any of these things ever went or goes the other way, which it obviously can't, then the ECB or any other centralized body can now talk about BTC's last stand, but until then they can only deceive people who are not knowledgeable.