ECB Economists: Nocoiners May Be Impoverished by Rising Bitcoin Prices A new paper by ECB economists describes a 'Bitcoin-positive' scenario as one in which the price of Bitcoin continues to rise significantly and sustainably over time. "If the price of Bitcoin rises for good, the existence of Bitcoin impoverishes both non-holders and latecomers." https://www.nobsbitcoin.com/ecb-economists-nocoiners-may-be-impoverished-by-rising-bitcoin-prices/
Tough fucking luck at this point. It's been 15 years.
So now their argument is, "Bitcoiners aren't fair waaahhhh." The victim mentality is strong with these fiat cucks...
ECB Economists: Nopineapplers May Be Impoverished by Rising pineapple Prices A new paper by ECB economists describes a 'Pineapple-positive' scenario as one in which the price of pineapples continues to rise significantly and sustainably over time. "If the price of pineapples rises for good, the existence of pineapples impoverishes both non-holders and latecomers." nostr:nevent1qqs82hkrn8hm0wsmd5ycfvy86rvd86rjqn625wz26p2mafpntzcm44spz9mhxue69uhkummnw3ezuamfdejj7q3qhxjnw53mhghumt590kgd3fmqme8jzwwflyxesmm50nnapmqdzu7sxpqqqqqqzxh84u7
ECB Economists: Nopineapplers May Be Impoverished by Rising pineapple Prices A new paper by ECB economists describes a 'Pineapple-positive' scenario as one in which the price of pineapples continues to rise significantly and sustainably over time. "If the price of pineapples rises for good, the existence of pineapples impoverishes both non-holders and latecomers."
I don't see it as positive... they'll use it to blame bitcoiners!
Tick tock, next block.
Classic psychological warfare technique, accuse your enemy of evil acts you yourself are committing to deflect blame and hopefully weaken your enemy.
I had many opportunities to buy Apple shares. In the 80's, and the 90's... And both times unturned my back on them. I am impoverished because of that. I had opportunities to trade my fiat for shares in Microsoft, Nvidia, etc... heck, even MSTR... Nope. Nope. And... Nope. I am impoverished because of that. Now, please, won't some central planner round up all those who did so and resdistribute their gains to people like me? It's just so not fair!
ECB literally publishes a paper on "Have fun staying poor"
They just don’t like anything competing with their own efforts to impoverish the world….
They're right, at least in the short term. It's the same as nostr:nprofile1qqsyx708d0a8d2qt3ku75avjz8vshvlx0v3q97ygpnz0tllzqegxrtgppemhxue69uhkummn9ekx7mp0appv40 saying you can't shield yourself from the consequences of not holding the hardest money. Their conclusion to fight it instead of adopting it is stupid though.
Not as much as inside trading, taxes and inflation do!