ECB Reports Record Loss for 2023, Publishes Another Hit Piece on Bitcoin
- "The ECB is likely to incur further losses over the next few years as a result of the materialisation of interest rate risk, before returning to making sustained profits. The ECB can operate effectively and fulfil its primary mandate of maintaining price stability regardless of any losses."
- "Bitcoin has failed on the promise to be a global decentralised digital currency and is still hardly used for legitimate transfers. The latest approval of an ETF doesn’t change the fact that Bitcoin is not suitable as means of payment or as an investment."
https://www.nobsbitcoin.com/ecb-reports-record-loss-for-2023-says-bitcoin-has-failed/
I just shared this with a German friend and he's curious about Bitcoin but turned off by the energy consumption.
does anyone know a good online resource on the energy consumption of Bitcoin?
This is just hilarious. Idiots.
Imagine owning the money printer and still ending up with net losses lmao
Tell me you suck at your job without telling me you suck at your job, then tell me you are afraid of funny internet money without telling me you are afraid of funny internet money.