In a recent "askDraghi" video series, the president of the European Central Bank said that it was not it was their responsibility to regulate the Bitcoin and stated the obvious : "the euro is backed by the European Central Bank. The dollar is backed by the Federal Reserve.
Currencies are backed by the central banks or their governments. Nobody backs bitcoin."
Well, thank you, Mr Draghi for this truism.
Decentralized Bitcoin blockchain is the essence of a non regulated and non backed currency.
In the meantime,The SEC and CFTC are clearly moving in hopes to regulate the crypto industry and the world Bitcoin battle comes out with truth vs lie, rumour vs fact, real vs fake, US vs European and Asian regulators, to ban, ignore or legalize.
Who would you believe when it comes to the future of the Bitcoin? This central banker who proclaimed the apocalypse with Bitcoin being a Ponzi scheme and a disaster or those visionary optimistic, predicting positive movements for the coming months or years.
Spreading rumours and panic is the clear objective of those who hope to manipulate the price of the Bitcoin after taking short positions on the Futures and betting the price of the Bitcoin will fall.
Why don’t we go forward with no fakes, no useless cries, no baseless fiat wars and invite the addicted FUDs to a Think Positive attitude ?