Bitcoin has ‘no real economic need,’ says ECB adviser

Cointelegraph.com NewsEuropean Central Bank adviser Jürgen Schaaf has dismissed Bitcoin reserves, citing volatility and lack of economic necessity as Bitcoin falls below $88,000 amid marketwide liquidations. 

​European Central Bank adviser Jürgen Schaaf has dismissed Bitcoin reserves, citing volatility and lack of economic necessity as Bitcoin falls below $88,000 amid marketwide liquidations.