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 🏦☹️
papers.ssrn.co...
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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Disclaimer: This content is for informational purposes only and is not financial advice.

[@benl5545]

Fantastic video

[@jamh6474]

I like the split screen camera set-up.

[@ColbyNoe]

🧡

[@robslaughter2657]

wow, first time I've ever understood a financial lecture, thanks!

[@ColbyNoe]

Made my day 🤙🤙🤙

[@robslaughter2657]

killer commentary as well

[@pran10000]

Excellent

[@ColbyNoe]

Thanks for watching

[@robslaughter2657]

this is fire ! u will explode !

[@ColbyNoe]

LFG

[@jamh6474]

Thank you for your sharing your thoughts. I am going to read the ECB paper for entertainment purposes ONLY. 📝

[@ColbyNoe]

🧡

[@robslaughter2657]

the irony yesssssss

[@ColbyNoe]

🤌🤌

[@benl5545]

"OF COURSE, looking out for everyone's best interest." 🤣

[@ColbyNoe]

Naturally, as central bankers do

[@noelpillman9185]

I agree that not everyone will own even 1 BTC. But eventually almost everyone could own sats or a subsequent subdivision of sats.

[@ColbyNoe]

Less than 00.2625 % of the population can own 1 BTC

[@noelpillman9185]

@@ColbyNoe
And BTCs are infinitely divisible. Eventually a satoshi will be further divided. Satoshis will be worth more than the current value of a dollar.

[@ColbyNoe]

Bullish

[@BTCkiwi]

#ImNoCriminal

[@ColbyNoe]

Banking cartel says otherwise