My hobby is cooking , I started cooking when I was 8 years old . I share this hobby with my mother and my grandmom . To do this hobby I always practice cook every day . Also, I get the recipe from my mom and my grandmother and on the internet . Every day I usually practice from the simplest to the most difficult. And now I'm pretty good at cooking.When I have free time, I usually cook for my family. I feel very happy. I will continue this hobby in future
Peace does not mean one where no noise, no trouble, and no toil. When we are in a storm, we still feel the calm of mind. That is the real meaning of peace!
In defiance of the SEC's approval of Bitcoin Spot ETF funds, European Central Bank (ECB) officials persist in their skeptical stance toward Bitcoin.
While the cryptocurrency market witnesses robust growth in the wake of the Securities and Exchange Commission's (SEC) green light for Bitcoin spot ETFs, the ECB maintains its conviction that Bitcoin holds no intrinsic value.
According to a blog post attributed to Ulrich Bindseil, ECB's Executive Director for Market Infrastructure and Payments, and advisor Jรผrgen Schaaf, the approval of ETF funds pouring billions of dollars does little to alter Bitcoin's fundamental nature. They view it as an inadequate investment and a cumbersome means of payment.
Drawing a metaphorical parallel, ECB officials liken the recent crypto market surge to "The Emperor's New Clothes," implying that it's merely a superficial enhancement.
The ECB's blog post bears the suggestive title "Bitcoin: Valueless."
In addition to highlighting Bitcoin's well-known drawbacks such as its volatility, high transaction fees, and energy-intensive mining, ECB officials point out three factors propelling the current "short-term" price surge:
Bitcoin's unregulated market price lacks genuine value.
Bitcoin's prevalence in illicit activities.
The absence of governmental oversight and regulation contributes to Bitcoin's soaring prices.
ECB has consistently expressed opposition to Proof-of-Work, DeFi, Stablecoins, categorically denouncing cryptocurrencies as lacking value.
Despite the ECB's bearish outlook, the Bitcoin community remains sanguine about its future growth prospects. Tom Lee, founder of Fundstrat Global Advisors, projects BTC to hit $150,000 by 2024, while MicroStrategy's CEO Michael Saylor asserts they have "no plans to divest Bitcoin."