ECB Chief: Crypto is worthless

[blackbeans]

https://forkast.news/headlines/cryptocurrency-ecb-christine-lagarde/

European Central Bank (ECB) President Christine Lagarde said cryptocurrencies are “worth nothing” on a Dutch television program aired Sunday, calling for greater regulation over what she described as “highly speculative assets.”

Okay, if they are "worth nothing", why regulate them? Wouldn't the ECB be participating in FRAUD if it is 'regulating' something it KNOWS is worthless?

My opinion: the ECB is trash talking crypto because it CANNOT CONTROL IT.

 

[SOCOM]

They'll come out with their own though.

 

[varules]

It's depends on how people looking into this, if no one invest in it, than they will think about it.

 

[Naughtyfatkid]

They're trying to use their leverage to control people.

 

[moonshine7000]

She is a IMF agent every thing she says is hot air.

 

[HustleTong]

Crypto is too big to fail at this point
The volatility is attracting more traders into the market

 

[FannyG]

The European Central Bank (ECB) President is worth nothing!

 

[Nut-Nights]

The thing i have learned from my 28 years stay on planet earth is never trust these banks.

 

[RankOn]

https://forkast.news/headlines/cryptocurrency-ecb-christine-lagarde/



Okay, if they are "worth nothing", why regulate them? Wouldn't the ECB be participating in FRAUD if it is 'regulating' something it KNOWS is worthless?

My opinion: the ECB is trash talking crypto because it CANNOT CONTROL IT.

The ECB is preparing to launch its own digital currency the so-called "digital euro"

 

[timothywcrane]

They'll come out with their own though.

No it will be a CBDC fakechain. We need to quit saying this and let others know the difference.

 

[jasonforrest]

Christine Lagarde is a convicted criminal.

 

[alurosu]

Okay, if they are "worth nothing", why regulate them? Wouldn't the ECB be participating in FRAUD if it is 'regulating' something it KNOWS is worthless?

I like this a lot

 

[Elvlin]

What US$ 1,782 Billion market value is useless??
https://www.imarcgroup.com/cryptocurrency-market#:~:text=Market Overview:,58.4% during 2022-2027.
well i think he is just fumming lol . i think he mean it's useless since in the end crypto will be regulated and gov have control over it. but he forgot no mattter how regullated crypto is there is always a way to avoid gov control, example monero, and service like tornado. and there is no such think like you bank account got frozen and hijacked by gov.

 

[yh3ng]

crypto is the future, she can't deny or avoid it.

 

[MisterF]

Christine Lagarde is a convicted criminal.

Yeah, Christine Lagarde is as corrupt as they come. Another self serving EU numpty.

 

[higesan]

Crypto is like anything else. It’s only worth what someone else is willing to pay for it...

 

[jasonforrest]

Crypto is like anything else. It’s only worth what someone else is willing to pay for it...

Crypto is like everything else.
Everything else is like Crypto.
Everything else is like everything else.

That's why we have markets.

Invest wisely, do research, check fundamentals, especially when you're sh*tcoining. BTC has strong f'mentals, most alts do not.

I bet most people who traded/holding UST had no idea UST had nothing backing it but an algorithm (unlike USDT/USDC/etc)

 

[Hawkeye Digital]

Crypto is the next major currency which would be circulating onto Web3.0 !

 

[seomaster5]

https://forkast.news/headlines/cryptocurrency-ecb-christine-lagarde/



Okay, if they are "worth nothing", why regulate them? Wouldn't the ECB be participating in FRAUD if it is 'regulating' something it KNOWS is worthless?

My opinion: the ECB is trash talking crypto because it CANNOT CONTROL IT.

Yes many governments also having the same approach. They do not even understand it completely.

 

[paisawaisa]

Those people who do not understand crypto call it worthless. Some people call even shares worthless.