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European bankers scoff at bitcoin for its risk, huge energy inefficiency | Ars Technica

“Nobody backs the bitcoin.”

“For a stable monetary and financial system, we need no crypto-tokens, but rather central banks obligated to price stability and effective banking regulation, and we have both in the eurozone,” Jens Weidmann, the head of the Bundesbank.

roflmao!

‘via Blog this’

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