Central bankers are clueless about Bitcoin – Bitcoints


Published on October 21st, 2017 | by bitcoin


Central bankers are clueless about Bitcoin

Central bankers are clueless  about BitcoinThis is because on payday, everybody groceries for the entire month since prices were changed every day, sometimes more than once a day.
Our money lost value every minute, while the government’s printing machine worked at a frenetic pace.
During more than 10 years of hyperinflation, several leaders sitting in the chair of the Finance Minister or the President of the Central Bank tried to reduce or minimize inflation.
That’s why we love Bitcoin, and why most of the central bankers hate it.
Bitcoin has achieved what is impossible for them, the creation of the first truly deflationary currency that’s free from the mismanagement of governments.

Source: Cointelegraph.com

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