Christine Lagarde, the European Central Banking Queen, emphatically declared that the ECB won’t be hoarding any Bitcoin (we’re talking “reserve” the right to laugh out loud kind of declared 🤣). Despite global sovereign entities diving headfirst into the Bitcoin bandwagon, Lagarde remains as skeptical as a cow being introduced to Bitcoin for the first time.
Picture this: it’s January 30th, and at a press conference filled with suspense (oh, the thrill!), Lagarde dramatically announced she was “confident that Bitcoin will not enter the reserves of any of the central banks of the General Council.” Yeah, that’s right – sorry, Bitcoin, no VIP pass for you! 🎟️🚫
Lagarde has been on a crusade against Bitcoin and its digital comrades for ages. Seriously, she’s been more consistent than my unreliable internet connection! She has unleashed criticism faster than a Bitcoin bubble can inflate, calling it a money-laundering marvel and a financial felon’s fantasy! 💸💰💀
In her most recent act of verbal wizardry, after the ECB’s latest “thrilling” interest rate decision (shush, try to contain your excitement), Lagarde reiterated—yes, reiterated, because once is never enough—that the juicy combination of Bitcoin’s casino-like volatility, Sahara-like liquidity deserts, and wild west regulatory “When will it settle?” uncertainties make it a no-go for serious reserve considerations. 💼🎲🏜️
“There is a view around the table of the Governing Council and most likely the General Council as well that reserves have to be liquid, that reserves have to be secure, that they have to be safe, that they should not be plagued by the suspicion of money laundering or other criminal activities.”
Christine Lagarde, ECB president
Lagarde’s comments were like the final nail in Bitcoin’s ECB coffin—a coffin that was assembled way back when she first called Bitcoin “sketchy.” But wait, not so fast, because Europe is not entirely on the same page (oh, the intrigue!). It turns out some rebel banks in Norway and Switzerland have been betting on Bitcoin via companies like MicroStrategy, keeping Bitcoin on their books, but not directly under the ECB’s super skeptical nose. Bet you’re thinking “infidelity much?” Right?! 💔🏦😆
Read More
- ‘This Is Not A Show Where Necessarily The Best Dancer Wins.’ Cheryl Burke Admits She Would Have Preferred Season 33 Winner, And Never Have Truer Words Been Spoken
- Deva: Shahid Kapoor starrer’s director Rosshan Andrrews reveals idea behind his character; ‘he has a ‘don’t care’ attitude
- Angus MacInnes, ‘Star Wars’ Actor, Dies at 77
- ‘Scream 7’ Officially Adds Courteney Cox as Gale Weathers
- Zendaya for Louis Vuitton x Murakami Campaign Surfaces Online
- Bitcoin Mentions on X Grow by 65% Reaching 140M in 2024
- Marvel Rivals Best PC Settings
- James Bond Gets a New Favorite in ‘Challengers’ Star Josh O’Connor
- Binance to Delist WRX Token, Causing 40% Crash in 1 Hour
- XRP price slips as RLUSD market cap hits $53m, liquidations rise
2025-01-30 22:14