ECB Warns Bitcoin Could Skyrocket Forever! 🏦😱📈 | The Distributional Consequences of Bitcoin REBUTTAL

💥 **The ECB's Bitcoin Take: What They Got Wrong!** 💥

In this video I offer my perspective on the ECB Research Paper arguing that Bitcoin rising in value is not a good thing 🏦☹️

Worth a read :

https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4985877

In this video, we dive into the **European Central Bank's** report on Bitcoin 🧐 and break down some key points that caught our attention! From claiming Bitcoin impoverishes non-holders to labeling it as the “currency of criminals” 😱, the ECB’s perspective has some *major flaws*.

🔍 We'll explore:

- How Bitcoin 🟠 might actually empower people and improve their lives.

- The **central banks**' misunderstanding of Bitcoin's energy usage and scarcity 🌍.

- Why Bitcoin’s rise might be inevitable 💰.

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