What did Christine Lagarde say about cryptocurrencies?

The president of the European Central Bank, Christine Lagarde, during a broadcast on Dutch television, has expressed her disagreement with cryptocurrencies and their value, stressing that they are not based on any reality, and therefore their value is fictitious.

We have seen these statements before from great exponents of economics such as Warren Buffet. Although these people have a great track record and great prestige, their statements regarding the crypto world are still totally biased, largely because of their defence of the financial system they represent and also because of their lack of vision of the crypto ecosystem as a valid alternative.

At BitcoinRock we are committed to the Blockchain and cryptocurrencies, because we know the value they bring to humanity.

We are still in a very early version of this ecosystem, and paradigm shifts are always painful, especially for those who do not want to give up the old.

Time will tell.


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