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In One Chart: Bitcoin’s key problems illustrated by the ECB, in one simple chart

The European Central Bank has a pretty clear message about the No. 1 virtual currency in the world: not our problem.

In what appears to be a general service note on its website, the ECB outlines all the most nagging issues that bitcoin BTCUSD, +3.79% harbors, according to the central bank, notably focusing on its use as a highly speculative asset and its flaws as a legitimate currency.

“Bitcoin is a speculative asset. In other words, it is something that you can gamble on to make a profit, but with a risk that you will lose your investment,” the central bank concludes.

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