NEW: ECB 🇪🇺 economists Ulrich Bindseil and Jürgen Schaaf publish a new paper, “The distributional consequences of Bitcoin,” arguing that the continued appreciation in Bitcoin prices may disproportionately favor early adopters at the expense of laggards and no-coiners. 🤔 https://image.nostr.build/5319bfe0ad252af3076076cdb0b29e6991fff950ae78c1777b9afa3cb9d58249.jpg https://image.nostr.build/8658642d4304a9f29799a6b250f2843dd010abc5a8254fd1172df5e084c40975.jpg
Bitcoiner bad, EURO user good.
And later, the pigs will write:
Self-custody Bitcoiner bad, ECB-custodian Bitcoiner GOOD 😂
Hmmmmm, is it time to project the Bitcoin logo on the European Central Bank building again? 😂
The banks are loosing, they know it and rather than study they will try by all means to fight Bitcoin adoption. Starting by blocking/closing people’s accounts.
socialism is a mental illness
Of course early adopters have a clear advantage value-appreciation wise. I don't think anybody doubts this or contests this fact.
I'm more interested in what purposes it serves for the ECB to publish this paper? What policy do they seek to encourage with it?
#bitcoin #eu
nostr:nevent1qqsvlm30klvjsh9cz8sn8ykqzvraggc5t0q2qveph2rd9fyl6r6j3ggpzpmhxue69uhkummnw3ezumt0d5hsygp8wnvreruh38zcxs2zj2c3jtzrghdhlux4284r9mazjk85ryhku5psgqqqqqqsxd9q9h
Might want to get some just in case it catches on.
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