Czech National Bank: "Don't Be Afraid of Bitcoin"

By Samuel Haig

The Czech National Bank has published a statement addressing bitcoin and cryptocurrency on its website. The document addresses the popularity of bitcoin in Prague and the Czech Republic, discusses whether cryptocurrency poses a threat to the traditional banking system, and argues that fiat currencies comprise better currencies than bitcoin due to price stability.

Source:

https://news.bitcoin.com/czech-national-bank-publishes-letter-addressing-bitcoin/?utm_source=Czech%20National%20Bank%3A%20%E2%80%9CDon%E2%80%99t&utm_medium=telegram&utm_campaign=Telegram%20Channel