General Manager of the Bank for International Settlements: Trying to replace Bitcoin with legal tender is a failed attempt

On May 26, Agustin Cartens, general manager of the Bank for International Settlements (BIS), said in a recent interview that I think Bitcoin is not a currency. They are not good storage values, exchange media, nor good account units. Making them a substitute for fiat and fiat money is a failed attempt. In addition, Agustin Cartens acknowledges the power of the blockchain (including its use in settlement systems) and adds that the technology should be accepted and explored to the limit.