Binance Founder Claims Europe Needs Bitcoin in Its Reserves

tldr; Binance founder Changpeng Zhao (CZ) has publicly stated that Europe should include Bitcoin in its financial reserves, challenging the European Central Bank's (ECB) head Christine Lagarde, who opposes the idea. CZ's assertion that "EU needs Bitcoin" has sparked debate about Bitcoin's role in global finance. Proponents argue that Bitcoin offers financial security and independence amid economic uncertainty, while critics, including Lagarde, cite concerns over liquidity, safety, and stability. The discussion highlights differing views on Bitcoin's potential as a reserve asset.

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Comment by lordmairtis at 01/02/2025 at 19:31 UTC

1 upvotes, 0 direct replies

same founder being under investigation in Europe, right? the guy fresh out of jail, that one?

Comment by SwimOld5053 at 01/02/2025 at 20:12 UTC

1 upvotes, 0 direct replies

EU always follows after there is 30-years of proven scientific data of something working. EU will do the ultimate "buy high sell low"