Christine Lagarde, President of the European Central Bank, firmly rejects the idea of adding bitcoin to central bank reserves. She has strong convictions about the implications of such a decision, outlining her reasons for this stance. Lagarde emphasized that the adoption of bitcoin as a reserve asset could lead to volatility and uncertainty in the financial system. Central banks must prioritize stability and trust in their monetary policy, making speculative assets like bitcoin unsuitable for this purpose. Lagarde’s statements indicate her commitment to traditional monetary practices over emerging cryptocurrencies, signaling a cautious approach amidst the growing popularity of digital assets. Central banks globally are grappling with questions regarding the future of financial assets, and Lagarde’s views lend weight to the ongoing debate on whether bitcoin can fit into established financial frameworks. Investors should note her firm stance on the matter, as it hints at the broader view of European regulators toward cryptocurrencies. Overall, Lagarde’s confidence in the central bank system sharply contrasts with the surge in interest surrounding bitcoin and other cryptocurrencies.