One of the ECB paper authors on the Cantillon effect of bitcoin. How ironic.
Discussion
"Bitcoins value is shaped by government policy" 🤣🤣🤣
Clearly not understanding game theory
Clearly not understanding #bitcoin. “… the wealth gains by early adopters come at the expense of latecomers or non-holders, leading to significant redistribution effects”. What wealth gains? I still have an x% holding of all the bitcoin there will ever be. Unless I stack more sats my wealth is static.
Monero fixes this 😂