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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/

266❤️19😂5🚀2🤙2👊1💚1

High Heel King · 81w

Tough fucking luck at this point. It's been 15 years.

Lebanese Hodl · 81w

lol. Hope they have vfun staying poor.

Another reason I need more #bitcoin

study flow / helped me

John Balkam · 81w

So now their argument is, "Bitcoiners aren't fair waaahhhh." The victim mentality is strong with these fiat cucks...

dazzling · 81w

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 ex...

talvasconcelos · 81w

I don't see it as positive... they'll use it to blame bitcoiners!

Deleted Account · 81w

They don’t understand #humanity nor the point of #bitcoin

jimbocoin 🃏 · 81w

lol “If the price of Bitcoin rises for good, the existence of Bitcoin impoverishes both non-holders and latecomers," write the economists.” THAT’S WHAT WERE HERE FOR

HTMLHODL · 81w

Non-holders and latecomers can just work and earn bitcoin like anyone else. PoW. Now have them stfu. Cry harder.

Resonance Cascade The II · 81w

Tick tock, next block.

roll_the_dice · 81w

Classic psychological warfare technique, accuse your enemy of evil acts you yourself are committing to deflect blame and hopefully weaken your enemy.

Does the ECB have intrinsic value?!

Willheim · 81w

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 bec...

nicodemus · 81w

Broke ass people are already broke. The only people hodlers impoverish is rich fiat bag holders.

Ape Mithrandir · 81w

ECB literally publishes a paper on "Have fun staying poor"

tumbleweed · 81w

They just don’t like anything competing with their own efforts to impoverish the world….

Evil fucks. Like crabs in a bucket, they want to drag everyone back down with them.

davesoma · 81w

These people clearly haven't studied history. Wealth redistribution has always been a societal goal to prevent violent insurrections.

keystroke · 81w

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 ...

Who is impoverishing who?

MuyMaestro · 81w

Not as much as inside trading, taxes and inflation do!