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No Bullshit Bitcoin news@primal.net 1 year ago
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."
No Bullshit Bitcoin
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 sust...

Replies (28)

scl's avatar
scl 1 year ago
Another reason I need more #bitcoin
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Rand 1 year ago
study flow / helped me
brian's avatar
brian brian@primal.net 1 year ago
These dumb f*cks are starting to get it.
No Bullshit Bitcoin's avatar No Bullshit Bitcoin
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."
No Bullshit Bitcoin
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 sust...
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dazzling's avatar
dazzling dazzling@getalby.com 1 year ago
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."
No Bullshit Bitcoin's avatar No Bullshit Bitcoin
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."
No Bullshit Bitcoin
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 sust...
View quoted note →
dazzling's avatar
dazzling dazzling@getalby.com 1 year ago
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."
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Deleted Account 1 year ago
Wrong. 😑 You think everyone born 100 years from now are going to have a chance at being a whole coiner? Think 💭
jimbocoin 🃏's avatar
jimbocoin 🃏 1 year ago
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's avatar
HTMLHODL htmlhodl@iris.to 1 year ago
Non-holders and latecomers can just work and earn bitcoin like anyone else. PoW. Now have them stfu. Cry harder.
roll_the_dice's avatar
roll_the_dice 1 year ago
Classic psychological warfare technique, accuse your enemy of evil acts you yourself are committing to deflect blame and hopefully weaken your enemy.
Willheim's avatar
Willheim willheim@orangepillapp.com 1 year ago
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!
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nicodemus 1 year ago
Broke ass people are already broke. The only people hodlers impoverish is rich fiat bag holders.
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npub15ssk...4r43 1 year ago
These people clearly haven't studied history. Wealth redistribution has always been a societal goal to prevent violent insurrections.
Keystroke's avatar
Keystroke 1 year ago
They're right, at least in the short term. It's the same as @Saifedean Ammous 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.
Magnus's avatar
Magnus 1 year ago
Who is impoverishing who?
MuyMaestro's avatar
MuyMaestro 1 year ago
Not as much as inside trading, taxes and inflation do!
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