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/
lol. Hope they have vfun staying poor.
Another reason I need more #bitcoin
So now their argument is, "Bitcoiners aren't fair waaahhhh." The victim mentality is strong with these fiat cucks...
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 existence of pineapples impoverishes both non-holders and latecomers."
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 existence of pineapples impoverishes both non-holders and latecomers."
I don't see it as positive... they'll use it to blame bitcoiners!
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
Non-holders and latecomers can just work and earn bitcoin like anyone else. PoW. Now have them stfu. Cry harder.
Tick tock, next block.
Sus...
nostr:note1w40v8x00k7apkmgfsjcg05xc6058yp854guy45z4h6jrxk93httqmqk5lr
Classic psychological warfare technique, accuse your enemy of evil acts you yourself are committing to deflect blame and hopefully weaken your enemy.
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 because of that.
Now, please, won't some central planner round up all those who did so and resdistribute their gains to people like me? It's just so not fair!
Broke ass people are already broke. The only people hodlers impoverish is rich fiat bag holders.
ECB literally publishes a paper on "Have fun staying poor"
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.
These people clearly haven't studied history.
Wealth redistribution has always been a societal goal to prevent violent insurrections.
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 it is stupid though.
Who is impoverishing who?
Not as much as inside trading, taxes and inflation do!
