Pierre Rochard: European attitude toward Bitcoin is deeply skeptical

Pierre Rochard: European attitude toward Bitcoin is deeply skeptical
Europeans push strict Bitcoin bans

Pierre Rochard, CEO at The Bitcoin Bond Company, claimed that Europeans cannot comprehend ongoing success and want to impose severe restrictions or ban Bitcoin. He compared such restrictions to historical dissident activity in the USSR, suggesting that enthusiasts may have to evade regulators similarly.

Rochard also referenced calls by another industry participant for more Bitcoin supporters in Europe.

Rochard has previously argued that Bitcoin banking rules could help banks improve their net interest margins and lower rates for borrowers. He has also maintained that Bitcoin is unique as a decentralized monetary system. In past statements, Rochard cautioned against assuming decentralization is achievable for every system.

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