How Bitcoin’s Success Could Be Fueling Poverty for Latecomers and Non-Holders, ECB Economists Claim

Bitcoin’s emergence is enriching aboriginal adopters astatine the disbursal of society, according to a insubstantial by European Central Bank (ECB) economists. They argued that bitcoin’s speculative maturation leads to wealthiness redistribution, wherever aboriginal investors summation portion non-holders and latecomers are near poorer. Economists pass this dynamic could harm societal stability, deepening inequality and threatening ideology […]