The negative impact on customer relations and the reputational damage to the entire industry could be enormous once Bitcoin investors will have made further losses.
The ECB should encourage experimentation considering we are suffering from 10%+ inflation and we need solutions immeditately. But instead they are trying to influence people to not experiment, and why? Because there is risk? What is wrong with that?
Bitcoin in itself is secure, i mean the integrity of it is extremely high. But how do you value it? Its valuation fluctuates widely, but how is this Bitcoins fault?