The Bitcoin community is rejoicing due to the recent market activities, especially yesterday’s surge in cryptocurrency’s price which broke all the previous records. However, Germany’s Central Bank or at least few of its board members don’t seem to be enjoying the price rally.
Carl-Ludwig Thiele, a Bundesbank board member recently warned people against investing in Bitcoin. Thiele made the statement while speaking to a German newspaper. The news outlet quoted the board member saying,
“Bitcoin is a means of exchange which is not issued by a central bank, but by unidentified actors. I do not see it as a currency. If you think Bitcoin would be as safe as the euro or the dollar, you have to take responsibility for it. We can only warn people not to use the bitcoin to preserve purchasing power.”
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