When you have the Minneapolis Federal Reserve and the European Central Bank (ECB) castigating Bitcoin with near-synchronicity, odds are that it is a coordinated attack. Yet, some of the hallmark characteristics of Bitcoin that these monetarists so vehemently attack are, confoundingly, the ones most cherished by Bitcoin maximalists, hinting towards a fundamental chasm that refuses to yield to any attempt at reconciliation. Government-Backed Papers On Bitcoin 1/ This new paper is a true declaration of war: the ECB claims that early #bitcoin adopters steal economic value from latecomers. I strongly believe authorities will use this luddite argument to enact harsh […]
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