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European Central Bank Says Bitcoin Is on the Road to Irrelevance – NBC 5 Dallas-Fort Worth

The remarks are timely, with the crypto industry reeling from one of its most catastrophic failures in recent history: the downfall of FTX.

Christine lagardeUlrich bindseilVijay ayyarEuropean central bankEuropean unionFederal reserveGeneral ulrich bindseilCrypto assets

European Central Bank says cumbersome, slow and expensive Bitcoin is on road to irrelevance

The collapse of TerraUSD in May wiped almost $1 trillion off the crypto market. We've since seen the Celsius Network declare bankruptcy, FTX fall apart, and millions.

Warren buffettChristine lagardeUlrich bindseilCharlie mungerEuropean central bankBerkshire hathawayCelsius networkJustin bieberBored apeGeneral ulrich bindseilPresident christine lagarde

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