Gold takes its revenge for the Investir newspaper!

Gold takes its revenge on Bitcoin in particular and this makes the front page of the Investir newspaper.

The Journal Investir explains the decline of Bitcoin by the charges of central banks and in particular of the ECB which is not frankly tender with cryptocurrencies in general which it calls “crypto-assets” which have nothing to do with currency.

The currency is the official currency, it is the BCE stamped currency.

So, logically, crypto-assets come up against what was foreseeable from the start, namely that central banks have no interest in abdicating their exorbitant power to mint money, because money is the real supreme economic power.

According to the latest ECB study almost 10% of Europeans have experimented with cryptocurrencies, and this is no longer at all marginal, on the contrary there is a threshold effect which is beginning to pass and it is undoubtedly the achievement threshold that worries at the highest level of the European Central Bank, which has clearly decided to “unzip” crypto-assets.

Charles SANNAT

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