📢 **Bitcoin Under Fire: ECB Adviser Calls for Elimination!**

In a fiery post on X, Jürgen Schaaf from the ECB labeled Bitcoin a "speculative bubble" that will burst, causing social damage due to its energy use and role in illicit payments. Schaaf's critique follows an ECB paper claiming long-term BTC holders make new investors poorer, leading to wealth redistribution and societal destabilization.

Schaaf's solution? Eliminate Bitcoin! He argues that non-holders suffer as early adopters gain wealth.

However, Steven Smith of Celestial Mining counters, emphasizing BTC’s value lies in its decentralized nature, free from bureaucratic control. 🌍💰

Central banks, feeling threatened by decentralized assets, push for controlled digital currencies. Yet, critics argue that inflation and poor fiscal policies, not Bitcoin, devalue fiat currencies. 🚀