Bitcoin has succeeded brilliantly as digital gold: a scarce, decentralized store of value that has rewarded patient HODLers through multiple market cycles. Yet its limitations …
At its meeting on 2 December 2021, the General Board of the European Systemic Risk Board (ESRB) assessed the key systemic risks in the European Union (EU), as well as public policy priorities to address them. The General Board noted that the risk of an abrupt broad-based asset price correction had increased further owing to continued exuberance in credit, asset and housing markets.
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