In addition, this is not the first time that the European Central Bank has criticized Bitcoin. In 2022, during the cryptocurrency market’s lowest period, these two “experts” also published a critique through the European Central Bank. The content of the article at that time accused Bitcoin of being unsuitable as a payment system and as an investment, and therefore should not be considered a payment system or legalized in terms of regulation. The financial industry should also be cautious about promoting Bitcoin investments, as they may cause long-term damage to the financial market.
