Invited on BFMTV and BFM Business, this Sunday, February 07, 2021, Christine Lagarde the president of the European Central Bank says that bitcoin is not a currency.

On this divisive debate, Christine Lagarde affirms her position and decides. " It is not a currency. Cryptoassets are not a currency. It is a highly speculative asset," she said on BFMTV and BFM Business.
She explains that a "reflection" is underway for better regulation of cryptoassets, since they are similar to "currency".
The price of Bitcoin has no real stability and cannot be assured, as is the case of the euro or the dollar. " There, we can talk more about currency, it is Diem, which was once called Libra, which was Facebook's attempt to set up an exchange element that would be exchanged for a dollar, christine Lagarde continues. Against a dollar, but not against a euro, because we do not agree ," she insists, thus displaying the position of the ECB.
Suspicious, she warns users on the issue : " What is simply needed is that consumers are never robbed and are fully informed of the nature of the risk they are taking. If they buy a bitcoin, it's a speculative asset."