BIS General Manager Agustín Carstens says wars between fiat currencies will win the war against crypto, which the crypto community disagrees with.
BIS has emphasized the need for regulation and risk management in the crypto space, but claims that fiat money will win the crypto vs. fiat battle have generated outrage among the Bitcoin and other crypto communities. greatly
Bitcoin advocate Lady Anarki explains that “fiat and crypto are exactly the same scam.”
“For Fiat, it is a group of evil elites who create a rigorous system to raise themselves. While making others poorer, Bitcoin is a technology designed with incentives and good economic principles. which creates value for everyone who creates value for the world.”
Peter McCormack also tweeted out a handy stat to correct a statement published by the BIS this week, where the BIS explains that from August 2015 to December 2022, “nearly all economies lost their Bitcoin holdings.”
Willem Middelkoop, Author and Bitcoin Advocate emphasizethat the war between fiat and crypto is not over yet and is intensifying
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