It's pretty clear the ECB are shit scared of Bitcoin as it takes away their monetary control. This article is co written by the former Head of **Risk Management** for 4 years at the ECB, which says it all.

> Es hat sich ein Konsens herausgebildet, dass Bitcoin sein ursprüngliches Ziel, eine Währung zu sein, nicht erreicht. Er ist viel zu volatil, um die klassischen Funktionen von Geld zu erfüllen: Rechnungseinheit, Zahlungsmittel, Wertaufbewahrung. Und auch nur als Zahlungsmittel ist es zu ineffizient.

> *A consensus has emerged that Bitcoin is not achieving its original goal of being a currency. It is far too volatile to fulfil the classic functions of money: unit of account, means of payment, store of value. And even as a means of payment, it is too inefficient.*

Was is this "consensus"? Maybe the consensus of these two ECB employees.

Fiat currency is the biggest rug-pull in human history. 