This is written (seemingly in all seriousness) by those in charge of the monetary policy in Europe..

"Likewise, Bitcoin is still not suitable as an investment. It does not generate any cash flow (unlike real estate) or dividends (stocks), cannot be used productively (commodities), and offers no social benefit (gold jewellery) (...). Less financially knowledgeable retail investors are attracted by the fear of missing out, leading them to potentially lose their money."

"But although this was all known (...) Bitcoin has recovered big time since late December 2022 from just under $17,000 to more than $52,000."

https://www.ecb.europa.eu/press/blog/date/2024/html/ecb.blog20240222~0929f86e23.en.html