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Date: November 10th, 2024 3:21 PM Author: Diamond Dallas Trump
According to respected central bankers: Yes.
Date: October 30th, 2024 4:11 PM
Author: lascivious puppy
LMAOOOOOOOO
https://cointelegraph.com/news/ecb-wrong-about-bitcoin-central-banks-unfair
In a new paper by the European Central Bank (ECB), Jürgen Schaaf argues that Bitcoin is inherently unfair.
“In absolute terms, early adopters exactly increase their real wealth and consumption at the expense of the real wealth and consumption of those who do not hold Bitcoin or who invest in it only at a later stage,” writes Schaaf.
Schaaf, who is an adviser to the senior management of Market Infrastructure and Payments, argues that the wealth of Bitcoiners was stolen from non-Bitcoiners.
“The new Lamborghini, Rolex, villa, and equity portfolios by early Bitcoin investors […] are financed by diminishing consumption and wealth of those who initially do not hold Bitcoin,” he writes.
On X, Schaaf further expounded on his theory. “Early holders’ wealth and consumption rise while others get poorer, regardless of whether they ever own Bitcoin,” he wrote.
"The societal impact is real: "missing out" on Bitcoin is different than just a lost opportunity, it means actual impoverishment compared to a world without Bitcoin."
(http://www.autoadmit.com/thread.php?thread_id=5621229&forum_id=2#48259730)
(http://www.autoadmit.com/thread.php?thread_id=4738939&forum_id=2\u0026mark_id=5310684",#48319376) |
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