The European Central Bank (ECB) may reconsider its relationship with any European national bank that adds Bitcoin to its reserves, according to ECB board member Piero Cipollone. Cipollone expressed skepticism about Bitcoin's role as a reserve asset, citing its lack of intrinsic value and reliance on price speculation. He dismissed comparisons between Bitcoin and gold, noting differences in market structure, transparency, and adoption. Cipollone emphasized that gold benefits from historical significance and established use, unlike Bitcoin. He also argued that both Bitcoin and gold are impractical for everyday transactions compared to fiat currencies.



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