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MAstr 2y ago

___#dumbstr quote of the day___

And the Winner is Björn Jesch from DWS Investment (Deutsche Bankster AG)

His strongest argument against #Bitcoin is...

short safety warning

Don't nip on your hot coffe when you read this.

"there is no central bank"

Well-deserved #dumbstr price award winner for saying in public...

Björn Jesch, DWS: __"The most difficult thing is to make a forecast for digital currencies. You don't have that much history. They have no collateral, no economy, no central bank."__

Original:

Björn Jesch, DWS: __"Das Schwierigste ist, eine Prognose für digitale Währungen zu erstellen. Man hat nicht so viel Historie. Sie haben keine Sicherheiten, keine Wirtschaft, keine Zentralbank."__

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Discussion

IntuitiveGuy☯️ 2y ago

I have a forecast for Central Banks.. they are gonna fail, miserably, one after another. You have just to watch history.

The FED will be probably on of the last to go down, after it will not have any more foreign economy or currency to suck value off, and import inflation to.

If you forecast a scenario where Central Banks do not go bankrupt, then you are forecasting your economic failure, unless you work for them, or you directly benefit from their exploitation.

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