Bank of International Settlements (BIS) “slams” Bitcoin — while saying Central Banks can do better with their Central Bank Crypto — trust them
Source: https://www.ccn.com/central-banks-central-bank-disses-cryptocurrencies-in-new-report/
Thank goodness we have the Central Banks “Bank” or the Bank Of International Settlements to come out and add sanity to the crypto currency mayhem in this market.
You see the Central Bank likes crypto currencies — but not the dedecntralized version. You know....like bitcoin and litecoin etc. They feel YOU need a TRUSTED source like the Central Banks versio of Crypto if they came out with one.
Why would they have such a position? Well they say cryptos need a stable value (don’t look at the dollars value over 50 years — or other country currencies values plummeting). They say that bitcoin has dropped over 50% (no manipulation in that drop for sure).
They can only be trusted. They are concerned for you that crypto can be manipulated.
You see there is no manipulation in any markets that bankers are in....just ask the Silver and Gold folks what happened last week when their market was “slammed” again by the bankers.
Okay ...let us think for a minute about what the BIS has said....hmmm
Okay — I have thought it..... and NO I don’t agree with him.
They has their chance. They blew it. We don’t trust them.
We have Bitcoin, but we are in a point that we need to reduce the extreme volatility to gain the acceptance of the mass population!
All true....so I imagine when it is $100,000 and it goes up/down $50/day we won’t mind.....then maybe it will be $300,000 one day and it will go up/down $1000/day. But I agree...it is very volatile in it’s infancy.
Even gorgeous blonde woman don't believe the BIS CRAP.
They are not going to go down without a fight and they have MONEY.
They are not going
To go down without a fight
And they have MONEY.
- floridanow
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