Poland Central Bank Don Reject Bitcoin as Reserve Asset Because of Risks
Poland National Bank, dem dey maintain dia konservative way, don tok am finish say Bitcoin no go be part of dia reserve assets because of how e dey change anyhow and risk dey inside. Bank President Adam Glapiński talk say e dey important to keep reserve for safe, stable assets like gold, US dollars, and euros. Before, dey been dey argue for Poland about make dem start to use Bitcoin as reserve asset, especially with political people like Sławomir Mentzen wey dey support am. But the bank still stand gidigba ontop dia position as Europe dey doubt Bitcoin reliability as investment. The decision show say institutions dey fear to accept cryptocurrency because market dey shake and regulatory wahala dey, e fit affect how people dey see Bitcoin for Poland market.
Bearish
Di decision wey Poland National Bank make to comot Bitcoin from dia reserve, show say dem no too dey see cryptocurrency well for inside the money world, because dem dey fear say e dey change anyhow and dem no sure how government go control am. Dis one fit make other central bank no wan use Bitcoin, and fit make am no dey popular and expensive for now. How market go see am for long time fit change, depend on how government go take control am and if more big company start to use am for world wide. But for now, e show say big company dey shine eye for cryptocurrency.