'Netherlands must now ban bitcoin' - Central Planning Bureau
“荷蘭現在必須禁止比特幣” - 中央計劃局 Michael McCrae
Monday June 14, 2021 14:01
Warning that cautious regulation can backfire, Netherland's Central Planning Director said Netherlands must act fast and ban bitcoin now. 警告謹慎的監管可能適得其反,荷蘭的中央規劃主管表示,荷蘭現在必須迅速採取行動並禁止比特幣。
Pieter Hasekamp warned about bitcoin in an essay published last week. Pieter Hasekamp 在上週發表的一篇文章中警告了比特幣。
He writes that cryptocurrencies are crippled as a money replacement since they perform much worse than government money on all counts. He ticks off money's general qualities that make it useful as a currency: unit of account, means of payment and store of value. 他寫道,加密貨幣作為貨幣替代品已被削弱,因為它們在所有方面的表現都比政府貨幣差得多。他勾勒出貨幣作為貨幣有用的一般特性:記賬單位、支付手段和價值儲存。
"There is no value retention [with cryptocurrencies]. Ease of use suffers from a lack of acceptance and security is undermined by outright scams. Cyber transactions only score well on the aspect of privacy – and that anonymity is exactly what makes them attractive to criminals," writes Hasekamp [translated from Dutch by Google Translate]. “[加密貨幣]沒有價值保留。易用性受到缺乏接受度的影響,安全性受到徹頭徹尾的騙局的破壞。網絡交易僅在隱私方面得分很高——而匿名性正是使它們對犯罪分子有吸引力的原因,” Hasekamp 寫道 [由 Google 翻譯從荷蘭語翻譯]。
Unable to properly function as a currency, Hasekamp said cryptocurrency solutions are oversold, and a crash is inevitable when promises can't be fulfilled. Hasekamp 表示,由於無法作為貨幣正常運作,加密貨幣解決方案被超賣,當無法兌現承諾時,崩盤是不可避免的。
"Cryptocurrencies are...unsuitable as a unit of account and means of payment outside the criminal circuit; its use as a store of value is based on the hope that cryptocurrencies will one day replace real money," writes Hasekamp. Hasekamp 寫道:“加密貨幣……不適合作為犯罪活動之外的記賬單位和支付手段;它作為一種價值儲存手段的使用是基於希望加密貨幣有朝一日會取代真實貨幣。”
"But that's not going to happen. Cryptocurrencies are essentially neither money nor a financial product, but an example of what Nobel laureate Robert Shiller calls a contagious narrative: a contagious story in which people believe because other people believe in it. Gresham's law is replaced by Newton's law: what goes up, must come down. The ultimate collapse of the crypto bubble is inevitable. The following applies to investors and governments: whoever moves last is the loser. The Netherlands must now ban bitcoin." “但這不會發生。加密貨幣本質上既不是貨幣也不是金融產品,而是諾貝爾獎獲得者羅伯特席勒所說的傳染性敘事的一個例子:一個人們相信因為其他人相信它的傳染性故事。格雷沙姆定律被取代根據牛頓定律:漲就必跌。加密泡沫的最終崩潰是不可避免的。以下適用於投資者和政府:誰最後行動就是輸家。荷蘭現在必須禁止比特幣。”
In May, Macquarie Capital's Head of Asian Strategy and Global Strategy Co-ordinator Viktor Shvets told Kitco worries that a cryptocurrency crash could cause the next financial crisis. 今年 5 月,麥格理資本的亞洲戰略主管兼全球戰略協調員 Viktor Shvets 告訴 Kitco,擔心加密貨幣崩盤可能導致下一次金融危機。