ECB President Just Killed BTC Reserve Dreams
The rejection cycle continues. The European Central Bank has publicly stated that Bitcoin will not be added to its reserves, citing issues around liquidity, safety, and money laundering risks. This is standard institutional rhetoric. When central banks speak of "risk," they are often referring to systemic competition and lack of control.
This is not a surprise, nor is it a long-term death knell. $BTC and $ETH are disruptive technologies built to exist outside the traditional fiat framework. The initial phase of institutional engagement is always dismissal—followed by regulatory efforts, and finally, integration (on their terms).
The EU's stance confirms we are still firmly in the regulatory friction stage. True, decentralized assets are not designed to be "safe" in the same way government bonds are; they are designed to be censorship-resistant. Focus less on central bank commentary and more on continued institutional product uptake (like ETFs). The game is changing faster than central banks can update their playbooks.
This is not financial advice.
#CryptoPolicy #ECB #DigitalAssets #BTC #Macro
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