European Central Bank to discuss Bitcoin and Blockchain with young people

[Vingelat]

European Central Bank to discuss Bitcoin and Blockchain with young people

One of the three main issues that the president of the European Central Bank will answer 12 February 2018 year, is dedicated to the crypto-currencies and Blockchain

Mario Draghi will answer the selected questions: is Bitcoin the future alternative to traditional currencies, and also comment on the ECB's opinion on these technologies in general. Europeans between the ages of 16 and 35 can also ask questions on three main topics: the possibility of a new global economic crisis, crypto-currencies and blockage, the recovery of the European economy and youth unemployment.

This session is part of the third "Youth Dialogue" of the European Central Bank, which is usually a series of negotiations conducted by the Bank's politicians with students and youth from different countries

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[jseverson]

Wow, that's actually quite progressive of them.

I have no idea where the European Central Bank stands on the cryptocurrency issue, but it's cool that they're open to discussing in with the youth. Even if they turn out to be against it in general, as they will be offering their own opinion, it's much better than a one-sided monologue bashing. Cryptocurrency is legit now, and everyone will have to acknowledge it sooner rather than later; might as well start now right?

[KingScorpio]

it’s great to find Central Bank to discuss Bitcoin and Blockchain. they are smart.
if all  Central Bank  support blockchain we will product now coins have ability to end US control and dollar.
hope all central banks follow  European

are you serious? do you really think central banks have an interest to support bitcoin and blockchain to end their currencies?

the rule of the jungle usually is ended with lots of violence, was always historically this way.

[bolawin]

more goverment and bank interested in blockchain technology.

[cryptopolus]

Its good news that ECB discuss it with young people, but doesnt really mean anything in my reading. I read that France and Germany want to have a discussion about cryptocurrencies in the G20 summit in March. Now both countries allow cryptos, but more regulations are coming and we hardly know for the better or the worst. I just cant see why centralized authorities willing to support a decentralized platform, not at least until they realize the advantages of the underlying technology. Regulations to a certain extent that are accepted by these countires could have a far reaching and positive consequences to the cryptocurrencies. Lets hope for the better.

[boybitcoin]

Also in my country I watched in the tv news and social media news the central bank always give advice to the people about the investment in bitcoin is risky.

[tiktak89]

It's great! Educating young people about what is happening in the modern economic world is a very important time for learning. These guys should become very competent specialists.

[pitiflin]

There should some sort or catch to it, definitely ECB won't go for a decentralized coin, they may use crypto in the future but they definitely won't want it to be decentralized. They will have to imply regulations and will try to put maximum regulation thus, violating one's privacy that he probably had before. This may drive them to go back to fiat. But then not all users are against regulations. Anyhow let's see what EU has got for crypto users.

[rampage101]

The main problem for bitcoin investors is the lack of information from truly competent, experienced specialists. If there were more such events in all cities, bitcoin would spread around the world much faster.

[drm]

Let's not get ahead of ourselves, I'll be awaiting the outcome of this or the conclusions they might draw from this.

[Lancusters]

The main problem for bitcoin investors is the lack of information from truly competent, experienced specialists. If there were more such events in all cities, bitcoin would spread around the world much faster.

Do you think that the representatives of the traditional banking system may have the competence to Express their opinions about the cryptocurrency? Their goal is a complete ban cryptocurrency. They will spread the opinion that the cryptocurrency has no future. I don't believe them. Discussions should be conducted within the crypto community. And the most important should be the consequences of such discussions.

[Urbinklin]

I would really like to attend such an event, because I feel my lack of information about bitcoin.

[louisLavery]

If you want to ask a question you've until 12 noon CET Tuesday[1].

Here's a link[2] to how they view bitcoin (it's a link I got from [1]). In it they argue deflationary money causes people not to spend, which I think is false besides being a rather stupid argument, especially we combined with the argument that inflationary money encourages people to spend, as if that's a good thing!

It seems to me they're treating the youth like children, I think that's unwise of them. Most of today's youth will see through it, they are pretty aware of the state of economies world wide, IMO.

[1] http://www.ecb.europa.eu/ecb/educational/youth-engagement/ecb-youth-dialogue/html/index.en.html

[2] https://www.youtube.com/watch?v=OPXenixmxj4

[Chris314]

A central bank to discuss about bitcoin to young people? Isn't it a way to convince them it's a bubble and that they should never invest in it?

[Rath_]

Don't you think that they do it for show? Anonymous and decentralized financial system is something that they don't want to see. I wouldn't be surprised if they tried to push something similar to Ripple. I heard that Poland wanted to create its own cryptocurrency called dPLN which wouldn't have speculative value at all but I couldn't find any more information about it. It is a matter of time before more countries will want  to have their own cryptocurrencies, not necessarily anonymous and with fixed supply.

[EinaiOraCoinDev]

more goverment and bank interested in blockchain technology.

Nope, the opposite, as long as more governments try to investigate and discover the entire blockchain, they will try to regulate it (just like it is happening right now) This notice is good, but not as far good as it sounds.