Isabel Schnabel, a board member with the European Central Bank, in a recent interview, said how she and her colleagues at ECB think “it is wrong to describe bitcoin as a currency.” The ECB member described bitcoin as a “speculative asset without any recognizable fundamental value and is subject to massive price swings.” Schnabel also surmises […]Read full post An ECB member says bitcoin does not fulfill the basic properties of money. on Chaintimes.com.