ECB’s Evolving Rhetoric on Bitcoin

Do you remember my earlier mention of how ECB economists tried to frame government interests - like controlling or banning Bitcoin - as benefiting people without Bitcoin?

That claim appeared in an official ECB journal article. Recently, Tuur Demeester noticed edits in the published text. Though the core message remains, the wording was slightly softened. A small step, perhaps, toward a more positive ECB stance on Bitcoin.

Let’s face it: no one believes people holding devaluing euros and no Bitcoin are demanding to ban Bitcoin. Eventually, ECB economists will have to change their rhetoric.

Bitcoin has:

• Existed before the ECB’s negativity,
• Thrived despite it,
• And will endure long after it shifts.

For now, as long as exchanging Bitcoin remains legal, you can always swap it for any other crypto asset at the best rates on rabbit.io.