ECB Awards Video 1st Prize for Saying "Euro Is More Stable Than Bitcoin"
From July to September 2017 the European Central bank asked participants of the “Euro Video Challenge” to submit a video
“on an economics topic related to the ECB’s work [...]. The challenge was to create a short film that is engaging and easy to understand, suitable for a young audience with perhaps no previous knowledge of the subject.” (see on ECB website)
The winners were officially announced on 9 November 2017 in Lyon, France.
The video awarded with the first price (€4,000) is of 2:32 minutes length and basically just says the following:
- There are many cryptocurrencies
- Bitcoin is without the control of central banks
- Bitcoin’s value is heavily fluctuating
- Bitcoin does not fulfill the functions of money
- The value of the Euro doesn’t fluctuate that much (and it’s in control of the ECB)
- Therefore → THE EURO IS BETTER
Congratz to the winners ... and thanks for sharing the deep knowledge.
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