Czech National Bank: "Don't Be Afraid of Bitcoin"
By Samuel Haig
The Czech National Bank has published a statement addressing bitcoin and cryptocurrency on its website. The document addresses the popularity of bitcoin in Prague and the Czech Republic, discusses whether cryptocurrency poses a threat to the traditional banking system, and argues that fiat currencies comprise better currencies than bitcoin due to price stability.
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They are doing much better than the Polish Central Bank who have been warning people as of late to stay away from cryptocurrency.
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