The ECB Post - Bitcoin Is Rarely Used for Legal Transactions

ECB post focuses on how Bitcoin's value is based solely on speculation because it has no cash flow, like real estate or dividends. The idea that $17.9 billion of venture capital investment in blockchain and crypto is enough to sustain $300 billion worth of value to Bitcoin is frankly absurd. ECB poster also makes tired jab about Bitcoin energy pollution and how promoting Bitcoin bears a reputational risk for bankers.