Central bank Governor of Spain has told the cryptos bring more risk than the benefits to get. but I believe on more risk more gain theory. If you can not trust crypto, you will not be able to see its value. Risk is associated with all kinda business. It just has to be calculated properly that which one would be profitable for you.
Please share your thoughts in favor of mine statement or against.
I think the Central Bank Governor says like that maybe because they feel if cryptos will rival them, if many peoples choose crypto as investment, store their money at the crypto, Bank will be get little invesment and Bank will be get little profit.
I'm really don't agree if the Governor says like that, everything if we can't use, it will be bring bad effect to the users, that like play in crypto, if we can use crypto to make a money, believe me if that will give you big profit.
Because the Bank is legal and crypto illegal in some countrys, that is make a peoples still can't believe with crypto and maybe they thinking if crypto is danger for them.