Can just imagine the number of French people considering dumping their savings into Bitcoin. Just this week, I received more than usual offers on localbitcoins from French buyers. What's strange is they think it's wrong to refer to Bitcoin as cryptocurrency, given that the term emerged thanks to Bitcoin.
French stock market regulator AMF and Bank of France’s banking supervisory ACPR yesterday issued a joint statement warning savers “of the risks associated with investing in these speculative assets.”. To read more:
https://cryptocoin.news/news/bitcoin/french-regulators-issue-bitcoin-warning-3954/
When you stack your money in a saving account, the interest can't beat the inflation created by those bankers! What is really risky in the end?
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Indeed! These kinds of "warnings" are partially born out of fear... fear that the banking system doesn't understand what is happening, and fear that their days are numbered.
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