ECB President: Bitcoin and other cryptocurrencies are not currencies, we tend to treat them as speculative assets

According to the European Central Bank official Twitter today, European Central Bank President Mario Draghi responded to a question raised by a student about cryptocurrency, saying that cryptocurrencies, such as bitcoin, are not currencies but assets. The euro is the euro, whether it is today, tomorrow or a month, it is the same. The European Central Bank provides support for the euro, and who supports the cryptocurrency? Cryptographic currencies are very, very risky assets, and you can see that their prices are crazy. For now, they cannot affect our economy on a large scale, so we tend to view them as speculative assets.