Charles Hoskinson questioned Fabio Panetta’s arguments on unbacked crypto assets.
Hoskinson asked in return what backs the euro and dollar.
Panetta’s blog argued that trading unbacked crypto assets should be considered as gambling.
Charles Hoskinson, the co-founder of Input Output Global, in his recent tweet, questioned the arguments of Fabio Panetta, the executive board member of the European Central Bank (ECB).
Notably, Hoskinson tweeted the statement made by Panetta, “trading of unbacked crypto assets.” He asked him in return, “what backs the euro or dollar?”
Hoskinson tweeted that he will be waiting for a response from Fabio.