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ECB President Mario Draghi Calls Cryptocurrencies Very Risky Assets

During the meeting, one of the winners of the award asked a question about cryptocurrencies to Draghi, to which he answered:

“Cryptocurrencies or bitcoins, or anything like that, are not really currencies — they are assets. A euro is a euro — today, tomorrow, in a month — it’s always a euro. And the ECB is behind the euro. Who is behind the cryptocurrencies? So they are very, very risky assets.”

Soon after his comment, the crypto community criticized Draghi’s stance on Twitter and pointed out that fiat currencies’ inflation is proof that Euro is not stable in its price either.

such a lie !! pic.twitter.com/nho7ZyAJDj

— Alena Vranova @littlebitcoinbk (@AlenaSatoshi) May 9, 2019

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