The President of the ECB will speak about Bitcoin and cryptocurrencies, among other topics
Mario Draghi, the President of the European Central Bank launches a survey on Bitcoin and cryptocurrencies and users show an overwhelming result in favor of this emerging market.
In recent weeks, we are seeing a change in the trend of the position of international central financial institutions, which are seeing how they cannot with the enemy and are 'joining' him. Bitcoin and cryptocurrencies are not exactly interesting for traditional banking and existing financial systems, which take away their value and prominence. The President of the European Central Bank, Mario Draghi, has carried out an interesting initiative to allow questions about economic aspects of the European region and among them cryptocurrencies and blockchain have been cast, all framed within the third 'Youth Dialogue' event.
It has been asked through Twitter and Facebook, using the hashtag #AskDraghi and #ECBYouthDialogue. This special event started on January 18 and ended on January 23 (very recently). The three main points of the participants' concerns have been focused on cryptocurrencies and blockchain, a possible new global economic crisis and the economic recovery in Europe and youth unemployment.
It highlights that the ECB has published a survey through Twitter on the subject of cryptocurrencies, to tap into the interest of users regarding Bitcoin, specifically, on whether the digital economy market is an alternative to the existing economic system. The data is really brutal, since the survey has given a crush 75% of the votes, that cryptocurrencies really represent a change in the traditional economic system.
Draghi will answer the questions (not all, some), in several videos, which will be published through social networks on February 12. Furthermore, the ECB has previously shown interest in Bitcoin and cryptocurrencies. On April 19, 2017, the official website of this financial entity added a section about distributed ledger technology. In October they also added a report on the potential of blockchain technology.
Mario Draghi has previously said that the ECB does not have the capacity to regulate or prohibit cryptocurrencies, but at the same time, he has shown concern about cybersecurity, a field that must be attacked as soon as possible. We must also emphasize that Draghi's opinion does not have to be the same as the rest of the executive members or organizations of the different member countries, we only have to see the difference in criteria between the cabinet of the Presidency and the Minister of Justice of Korea. South.