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Bitcoin Investors May Lose Everything, Central Banker Warns
Summary: “Personally, I’m not sure why people invest in those sorts of assets, but they see them as assets clearly,” Makhlouf, who is also governor of Ireland’s central bank, told Bloomberg TV on Friday. “Our role is to make sure that consumers are protected.” Makhlouf’s comments echo skepticism from ECB leaders. The cryptocurrency is a “highly ...
“Personally, I’m not sure why people invest in those sorts of assets, but they see them as assets clearly,” Makhlouf, who is also governor of Ireland’s central bank, told Bloomberg TV on Friday. “Our role is to make sure that consumers are protected.”
Makhlouf’s comments echo skepticism from ECB leaders. The cryptocurrency is a “highly speculative asset,” President Christine Lagarde said this month.
On Friday, Bitcoin rallied above $35,000, with brokers attributing the move to Elon Musk mentioning the cryptocurrency in his bio page on Twitter.
