When 🦅Eagle-Eyed Lagarde Tweets, Does Bitcoin Flock Elsewhere? 🐦

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In a scene reminiscent of the most elegant ballrooms of St. Petersburg, European Central Bank President Christine Lagarde, with a grace that would make even Anna Karenina envious, hinted that the Czech National Bank would likely not dance the polka with Bitcoin as a reserve asset, following a tête-à-tête with its governor. 💃🕺

Addressing the esteemed members of the press on a brisk day in late January, Lagarde opined that the European Council’s view on central bank reserves is akin to a well-aged Bordeaux — liquid, secure, and safe. A subtle nod and a wink implied that Bitcoin (BTC) would not find itself among such refined company. She added with a confident smile, “I am quite sure that BTC will not enter the reserves of banks under our council.” 🍷✨

//www.youtube.com/watch?v=av7Xioy4zvc[/embed]

As he prepared to grace the stage at the World Economic Forum, Coinbase CEO Brian Armstrong penned a blog post suggesting that global policymakers should create BTC reserves as a hedge against inflation, much like a wise old owl storing acorns for winter. As of January, El Salvador stands alone, its government openly declaring its intention to stockpile BTC for a national reserve. 🦉❄️

At the time of this dispatch, the price of Bitcoin was $105,731, having soared by approximately 3.8% in the past 24 hours. Will the eagle’s wings carry Bitcoin to new heights, or will it be left to dance the solo tango? Only time will tell. 🦅 Tango danced

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2025-01-30 19:46