I believe that there are no heavier comments than those expressed by the president of the European Central Bank, Christine Lagarde, who among other adjectives has once again described Bitcoin (BTC) as part of a lie associated with an extremely speculative and unsupported value that shows signs of volatility and it is an access ramp for activities of doubtful origin.
It is that same volatility that takes forms of illicit origin and leads it to be associated with money laundering and cover-up of businesses outside the law. The truth is that part of its disruptive nature must greatly affect the control that many who want to have over this currency, the concept of digital monetary evolution expressed in the BTC creates confusion and fear in those entities that do not have the control to carry out a regulation centralized.
Again these definitions become a nonsensical string of little new qualifiers, and very strange especially when the BTC begins to touch $ 42,000 per unit. A last visit to the cryptographic world by banking institutions took place at the end of 2017, when a run started an upward stage that set off the alarms of these centralized sectors.
Now we can also notice how these qualifiers about the BTC serve as an introduction to put the advances that revolve around the Digital Euro back to the fore and how it is played with the information and anxiety of a new unit of value that will be integrated into the financial systems, not far from complete launches of various digital utilities such as the Chinese Yuan.
Lagarde's definition of the Digital Euro is clear and straightforward, "if it is cheaper, faster, safer for users, then we should explore it. If it is going to contribute to better monetary sovereignty and better autonomy for the euro zone, I think we should explore it. "
From that monetary sovereignty, a whole disqualifying hunt arises that seeks to dynamically lock the BTC to reduce its field of expansion. Not in vain this has been able to give a clear and concrete answer of the advance that the next evolution of the monetary system means and of how the institutional power begins to see the potential that it really has and represents.
It is interesting to see how the nature of this currency manages to awaken those deep concerns of the state towards free, decentralized and uncontrollable systems, one of the few assets that can survive a whole barbarity of system that could soon be giving inverse responses to those expected in economic plans.
BTC remains a synonym for free leadership, and the more emphasis is placed on establishing it, the more appreciation it will receive from the masses and accelerate its adoption as an economic system based on free execution and no private domain.
This article is an opinion on one of the issues that will be touching many situations throughout 2021, an issue that cannot be neglected. Below I attach two links that will serve as the basis for shaping this text.
https://bitfinanzas.com/presidenta-del-banco-central-europeo-pide-regulacion-para-bitcoin/
This information is proprietary content and there is no space in this text for plagiarism. You can also see this article on my Publish0x blog under the following link.
