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The French central bank loses their mind over decentralized crypto currencies: "Bitcoin is only for criminals!" just as they launch their own backed up crypto currency.

Source (in French), translation below, by yours truly.
The French central bank has just released its bimonthly report and there's an entire section dedicated to cryptos.
Their first statement is that: "Bitcoin, and other decentralized crypto currencies (as in not backed by any government), are 'pseudo-money' with no future".
The French central bank considers the use of decentralized crypto currencies to be barbaric and uncivilized.
According to them, decentralized crypto currencies are only used for activities such as:
You get it, for the French central bank, Bitcoin is all bad and evil, crypto currencies should be controlled by governments."
LMAO, next step they'll make trading crypto illegal except for the ones that are backed up by governments. They are clenching with all their strength to their outdated economic model.
submitted by GuianaSurvivor to Bitcoin [link] [comments]

Bitcoin Is ‘a Myth’ Says French Central Bank Policymaker

Bitcoin Is ‘a Myth’ Says French Central Bank Policymaker submitted by bitcointothemoon_ to Crypto_Currency_News [link] [comments]

Bitcoin Is ‘a Myth’ Says French Central Bank Policymaker

Bitcoin Is ‘a Myth’ Says French Central Bank Policymaker submitted by bitcointothemoon_ to CryptoCurrencyTrading [link] [comments]

Bitcoin Is ‘a Myth’ Says French Central Bank Policymaker

Bitcoin Is ‘a Myth’ Says French Central Bank Policymaker submitted by bitcointothemoon_ to CryptoMarkets [link] [comments]

Bitcoin Is ‘a Myth’ Says French Central Bank Policymaker

Bitcoin Is ‘a Myth’ Says French Central Bank Policymaker submitted by cryptoallbot to cryptoall [link] [comments]

The French central bank loses their mind over decentralized crypto currencies: "Bitcoin is only for criminals!" just as they launch their own backed up crypto currency. (x-post from /r/Bitcoin)

submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]

French bank shuts down customer accounts over mild criticism. This is why Bitcoin.

French bank shuts down customer accounts over mild criticism. This is why Bitcoin. submitted by DecryptMedia to Bitcoin [link] [comments]

State-Owned French Bank Joins Bitcoin Startups $8 Million Series A (current BTC/USD price is $7,177.71)

Latest Bitcoin News:
State-Owned French Bank Joins Bitcoin Startups $8 Million Series A
Other Related Bitcoin Topics:
Bitcoin Price | Bitcoin Mining | Blockchain
The latest Bitcoin news has been sourced from the CoinSalad.com Bitcoin Price and News Events page. CoinSalad is a web service that provides real-time Bitcoin market info, charts, data and tools. Follow us on Twitter @CoinSalad.
submitted by coinsaladcom to CoinSalad [link] [comments]

My personal bitcoin journey

1) Hear about it on the news sometime back when that French Bitcoin bank opened - think to myself 'sounds cool, must check it out' . Dont check it out, forget why, probably was surfing porn or something.
2) Months later it hits 60$ and I discover this subredit. Think to myself 'this has to be a bubble'. Interest however is raised, I start reading etc. I actually get motivated to register on reddit, turning from longitme lurker to redditor (thanks to bitcoin).
3) Still not 100% convinced at around 70$ I think I tell the wife: hey, know what, ill get one of these things for each of the 3 kids we have. Who knows, might be fun when they are 18. Being a lifelong geek I can totally get behind the idea of decentralized p2p power. It just.. makes sense. When I look at my credit card statements, or when I look at the hassle to order stuff in a different currency it suddenly just all makes sense. This is the future.
4) Look around for ways to buy bitcoins - being in Europe in a isolated place localbitcoins is out, so i register with mtgox. 5000 in queue wtf...
5) Bitcoin at 100$.... MTGOX refuses app because my ID card didnt have DOB on it (it was on the other side) /facepalm... back to 8900 in queue
6) Discover Bitstamp, decide to transfer 100 Euro to test the waters, figure ill get 1 coin
7) By the time the SEPA clears, I cant buy a whole coin becuase BTC is at 147$. I decide to wait for a correction....
8) No correction /facepalm. Buy 0.8 BTC at 155. Yesterday.
9) Today: :smug:
10) Tomorrow: probably getting an earful from my SO how I should have bought us 10000 coins 3 years ago. And for once I will not argue...
TL;DR watching porn can be bad if done at the wrong time. Also Bitcoin is the future.
submitted by chickenbaconsupreme to Bitcoin [link] [comments]

Crypto Regulation News: Germany classifies Bitcoin and cryptocurrency as financial instruments, India’s Supreme Court strikes down RBI’s banking ban against crypto, South Korean Parliament passes ‘Landmark’ crypto bill, French Commerce Court likens BTC to currency

Crypto Regulation News: Germany classifies Bitcoin and cryptocurrency as financial instruments, India’s Supreme Court strikes down RBI’s banking ban against crypto, South Korean Parliament passes ‘Landmark’ crypto bill, French Commerce Court likens BTC to currency submitted by sasha_sh to Paradigm_fund [link] [comments]

French Yellow Vests movement threatens Bank run, highlights Bitcoin as alternative currency

French Yellow Vests movement threatens Bank run, highlights Bitcoin as alternative currency submitted by SaneFive to Bitcoin [link] [comments]

Max Keiser: "If every French person converted 20% of their bank deposits into #Bitcoin (and got a Bitcoin debit card to use for day-2-day stuff), French banks and the government would collapse and a lot of bloodshed could be avoided."

Max Keiser: submitted by herrduarte to Bitcoin [link] [comments]

Crypto Regulation News: Germany classifies Bitcoin and cryptocurrency as financial instruments, India’s Supreme Court strikes down RBI’s banking ban against crypto, South Korean Parliament passes ‘Landmark’ crypto bill, French Commerce Court likens BTC to currency

Crypto Regulation News: Germany classifies Bitcoin and cryptocurrency as financial instruments, India’s Supreme Court strikes down RBI’s banking ban against crypto, South Korean Parliament passes ‘Landmark’ crypto bill, French Commerce Court likens BTC to currency submitted by cryptoallbot to cryptoall [link] [comments]

Crypto Regulation News: Germany classifies Bitcoin and cryptocurrency as financial instruments, India’s Supreme Court strikes down RBI’s banking ban against crypto, South Korean Parliament passes ‘Landmark’ crypto bill, French Commerce Court likens BTC to currency

Crypto Regulation News: Germany classifies Bitcoin and cryptocurrency as financial instruments, India’s Supreme Court strikes down RBI’s banking ban against crypto, South Korean Parliament passes ‘Landmark’ crypto bill, French Commerce Court likens BTC to currency submitted by sasha_sh to Crypto_Currency_News [link] [comments]

Cryptocurrency News - State-Owned French Bank Invests in Bitcoin Startup.

Cryptocurrency News - State-Owned French Bank Invests in Bitcoin Startup. submitted by Lumin8_Crypto to cryptocurrencynews [link] [comments]

Bitcoin's Price Dropping | Actual French Bank FOMO | XRP MAJOR USE CASE | Russia & Lithuania UPDATE

Bitcoin's Price Dropping | Actual French Bank FOMO | XRP MAJOR USE CASE | Russia & Lithuania UPDATE submitted by Thornsb to BLOCKCHAINEDNews [link] [comments]

11-28 19:33 - 'French banks' report 'colossal' impact on the environment—and they say Bitcoin is bad for climate change' (decrypt.co) by /u/coinsmash1 removed from /r/Bitcoin within 109-119min

French banks' report 'colossal' impact on the environment—and they say Bitcoin is bad for climate change
Go1dfish undelete link
unreddit undelete link
Author: coinsmash1
submitted by removalbot to removalbot [link] [comments]

French News : Bitcoin is more tangible and reassuring than a currency arbitrarily managed by a central bank and insolvent states.

French News : Bitcoin is more tangible and reassuring than a currency arbitrarily managed by a central bank and insolvent states. submitted by GuitZz to Bitcoin [link] [comments]

French court finds UBS responsible of money laundering, company fined 4.5 billion euros - Long Bitcoin, Short The Banks

French court finds UBS responsible of money laundering, company fined 4.5 billion euros - Long Bitcoin, Short The Banks submitted by asso to Bitcoin [link] [comments]

Bitcoin Lessons Are Heading to French High Schools With Instruction Videos on Banks, Blockchain and Monetary Policy

Bitcoin Lessons Are Heading to French High Schools With Instruction Videos on Banks, Blockchain and Monetary Policy submitted by n4bb to CoinPath [link] [comments]

State-Owned French Bank Joins Bitcoin Startup’s $8 Million Series A

State-Owned French Bank Joins Bitcoin Startup’s $8 Million Series A submitted by n4bb to CoinPath [link] [comments]

State-Owned French Bank Joins Bitcoin Startup’s $8 Million Series A

State-Owned French Bank Joins Bitcoin Startup’s $8 Million Series A submitted by guo1241 to Bitcoin_Future [link] [comments]

Bitcoin RALLY Imminent? French Bank Run - YouTube Bitcoin Bank Avis, Bitcoin Bank Légitime ou Arnaque? Notre verdict! Is This Real!? Both France AND China Are Pushing Their People Towards Bitcoin! PRESIDENT TRUMP'S BITCOIN CRYPTO BUDGET - France Central Bank CBDC Ethereum & XRP Le point de la Banque de France sur le bitcoin et autres ...

This woman has nothing to do with Bitcoin Bank, she is a French journalist and her real name is Aude Lancelin. Warning from a regulator. Bitcoin Bank is offering investment services, this is a fact. But the team is fake and real owner remain anonymous. Bitcoin Bank is not registered anywhere, it has no license whatsoever. Therefore, it is operating illegally. The British Columbia Securities ... Bitcoin was first created in 2008 and gained traction slowly for the first few years. Once it started getting big, people from all over the world were involved in the mining, exchanging, and purchasing of Bitcoins. In 2019, the French government allowed Bitcoin to be accepted as a form of currency. Ally bank is one of the most Bitcoin-friendly banks. Ally is an online only bank, meaning it has no brick and mortar locations. But they have 24/7 support as well as an online chat feature that has very short wait times (usually 2-5mins). You can easily link your bank account to Coinbase and buy desired coins with your debit card. You can also try buying crypto with your credit cards, as Ally ... French tobacco shops, where people go to buy lottery tickets and cigarettes, will start offering bitcoins to customers from early next year via a deal with a French fintech company Keplerk. Blockchain firm Tezos has been selected to spearhead the French central bank’s digital currency pilot program, one of a kind in Europe.. Societe Generale – Forge, a tech startup founded by French investment bank giant Societe Generale, has opted for Tezos to spearhead the central bank digital currency (CBDC) pilot program.. The French central bank Banque de France selected Societe Generale ...

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