🚀 Crypto Clash! ECB's Bitcoin Critique Gets Slammed

- The ECB recently released a paper almost calling Bitcoin a Ponzi scheme. Ouch! 😬

- Crypto academics, led by Dr. Murry Rudd, fired back, calling the ECB's arguments "fundamentally flawed."

- ECB's claims about Bitcoin's volatility and wealth concentration? Rudd says they missed the mark.

- The rebuttal points out the ECB's conflict of interest, given their push for a digital euro.

- Critics argue the ECB overlooked Bitcoin's benefits like financial inclusion and cross-border payments.

- Conclusion: ECB's paper lacks credibility due to biases and weak methodology.

Stay tuned for more crypto drama!