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/