The governor of the Riksbank said that trading bitcoin is like trading stamps

Sveriges Riksbank, Governor of the Riksbank, has rejected Bitcoin (Bitcoin) As a completely far-fetched alternative to government-supported legal tender.

At a banking conference in Stockholm, Governor Stefan Ingves stated that “private funds usually collapse sooner or later.” In further disparaging remarks, he claimed, “Of course, you can trade bitcoins. Money gets rich, but this is comparable to transaction stamps.”

Although Ingves believes that Bitcoin as a currency has weaknesses, he attaches great importance to Bitcoin’s popularity among investors. The central bank governor admitted in June this year that this cryptocurrency is “big enough” to warrant close attention from global regulators, central bank governors and lawmakers, and emphasized that consumer interests and money laundering are particularly worrying issues.

Ingves’s estimate of Bitcoin is not low (Bitcoin) To prevent the Riksbank from choosing its basic technology for its own benefit Central Bank Digital Currency Development project.Swedish electronic crown use Corda-based proof of concept, A distributed ledger technology solution from R3.The latest development of the e-krona pilot is that an experiment involving simulated participants is underway Collaborate with real-world actors, Especially the Swedish retail bank chain Handelsbanken.

related: The Riksbank says the increasing popularity of Bitcoin will lead to more regulation

Although the Riksbank’s approach is consistent with most central banks and governments, this week witnessed an unprecedented Government forced adoption of Bitcoin as legal tender. Although Salvadorans feel anxious Regarding the actions of their government, the founder of Cardano Charles Hoskinson and whistleblower Edward Snowden It was claimed this week that other nation-states may also eventually incorporate coins into their monetary policies.