ECB Official Call Bitcoin: - Unbelief of financial crisis

Although this Coeure believes that this underlying blockchain technique might be a better idea than bitcoin. It is being said and he said that Bitcoin was a very clever idea. Speaking in the Economics of Payments IX Conference on Thursday, this Coeure, which is in charge of the Bank for International Settlement and under the chairmanship of the Committee on Market Infrastructure, This blockchain is making promise this week, but this bitcoin is a shock to the financial crisis. The executive board Coeure of this European Central Bank member Benoit said. It is in more ways than one of the Bitcoin, the bad spell of the financial crisis has said, noting that there is a title about the expulsion of Chancellor banks of the UK in the Bitcoin Genesis block. He addressed these growing awareness of cryptocurrencies and used as part of a broad speech on the 10 year anniversary of Lehman's defeat. > It is not a good idea to gradually it is a good idea. There are many opportunities for Blockchain but these problems of Bitcoin are also completely complete. He believes that this Agustin carstens has strengthened many of his problems when he said that Bitcoin is a combination of a bubble and it has a Ponzi plan and an environmental displacement. Some banks have already started exploring the concept of central bank digital currencies, it is already 69 percent of central banks, or at least in the future, the plan is to use them to help national monetary systems Could. Despite the issues of bitcoin, central banks can take advantage of distributed account technology, so that possibly the central bank-supported digital currencies can be issued. These banks are also searching that there is a possibility of payment of cross-border remittance related to their aspect services. These are comprehensive agreements that the CBDC is unlikely to be issued in any form in the next decade, it is also among the four central banks, who have indicated that they have reached the stage of development of a pilot project. [source](https://bitnewsbot.com/ecb-official-calls-bitcoin-evil-spawn-of-the-financial-crisis/)