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BIS declares Bitcoin capital, not money

Original: 💸 El BIS lo pone por escrito: Bitcoin no es dinero, es capital. El dinero es una promesa que exige confianza; Bitcoin, d

The Bank for International Settlements has stated in writing that Bitcoin is not money but capital. According to BIS economist Iván Aldasoro, money is a promise that requires trust, while Bitcoin is the asset that is nobody's liability. The distinction matters for how regulators and banks classify crypto holdings.

Why now: The BIS is the central bank of central banks, so its formal classification of Bitcoin carries weight in ongoing regulatory debates.

Bank for International SettlementsIván AldasoroBitcoin

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Evidence

• 💸 El BIS lo pone por escrito: Bitcoin no es dinero, es capital. El dinero es una promesa que exige confianza; Bitcoin, dice Aldasoro, es el activo que no es pasivo de nadie. # Bitcoin # BIS · WhisprNews

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