Sometimes the apple just keeps falling from the tree, but maybe it's just a classic generational conflict: One of Christine Lagarde's sons is apparently a crypto investor.
The ECB President confirmed this to BNN Bloomberg .
She herself does not own cryptocurrencies because she “wants to practice what [she] preaches”. But she is following Bitcoin and its ilk "very carefully" as one of her sons invested - against her advice. "He's a free man," she said.
Christine Lagarde is considered a harsh critic of cryptocurrencies. For them, Bitcoin and Co. are “worthless”. However, “big disappointments” await investors, which is why strict regulations are unavoidable.
A digital euro is of course a viable alternative. After all, the ECB guarantees its stability, according to the central banker.
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