Regulation· ★★★· neutral·

BIS Paper Slams Bitcoin as Money, but Agrees With Saylor on Key Point

  • —BIS calls bitcoin a "monetary protest," not a monetary alternative
  • —Saylor says BTC is digital capital, not a medium of exchange
  • —Strategy holds roughly $71 billion worth of bitcoin
  • —Both see credit as essential but split on public versus private backing
Why it matters: The debate shapes how regulators and institutions will integrate bitcoin into the financial system.
#BTC
Source: Bitcoin.com
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