Analyst: Hold Bitcoin (BTC), Europe’s ECB is Political And Economy In Tatters

If you are in Europe, hold Bitcoin (BTC). The European Central Bank (ECB) will soon stop considering BTC as a “highly risky asset”, acknowledging its potential of “shaking the [financial] system” as it tries to stabilize the economy which is already in tatters.

This move will be facilitated by the presence of a new ECB head, Christine Lagarde, who has been proposed to take over the outgoing head, Mario Draghi. Notably, Lagarde, who is a Managing Director at the International Monetary Fund (IMF), considers Bitcoin and other cryptocurrencies more positively compared to Draghi.

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