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Bitcoinist
2018-08-03 18:30:47

Netherlands Central Bank: We Don’t Consider Cryptocurrency To Be Money

The central bank of the Netherlands has issued new comments on cryptocurrency this week, continuing a popular narrative from the banking sector that it is “not money.” ‘Spending, Saving And Calculating’ In a video statement translated by local news outlet Dutch News, De Nederlandsche Bank divisional director Petra Hielkema said that cryptocurrency did not adequately permit three specific functions which consumers need and which are currently fulfilled by fiat currency. “De Nederlandsche Bank does notRead MoreThe post Netherlands Central Bank: We Don’t Consider Cryptocurrency To Be Money appeared first on Bitcoinist.com.