Stack Sats’ Bitcoin Figure Tells Europe as ECB Prepares $1.5T Bailout

[Nostoman]

As the European Central Bank doubles its emergency asset purchase program, Bitcoin seems an ever stronger fiat opt-out.
Another day, another trillion dollars — the European Central Bank (ECB) has announced it will double its coronavirus purchase program to €1.35 trillion to the dismay of Bitcoin (BTC) proponents.

In a press release on June 4, the ECB became the latest central bank to up its controversial response to coronavirus, adding €600 billion to the so-called pandemic emergency purchase programme (PEPP).

ECB: “flexible” asset purchases will continue
Launched in March and originally worth €750 billion, PEPP is a mass buy-up of public and private sector securities.
Source and more info: https://cointelegraph.com/news/stack-sats-bitcoin-figure-tells-europe-as-ecb-prepares-15t-bailout