The ECB has decided to fight Bitcoin
The European Central Bank (ECB) has published a new report that has caused an active discussion in the crypto community. In the document, titled The Distributional Consequences of Bitcoin, the authors argue that the growth of Bitcoin and its popularity as an investment asset pose a threat to the economy. This was reported by a well-known market researcher under the pseudonym PlanB. In his opinion, this document is not just a warning, but also a hidden signal: the ECB realizes that BTC will soon become a key global asset that counters global inflation and the devaluation of fiat currencies.
According to the well-known crypto analyst, the key message of the report is that the ECB expects a significant increase in the price of Bitcoin, since central banks will soon have to increase money emission to an unprecedented extent. In this context, BTC is considered not only as a payment system, but also as a means of protecting against the devaluation of national currencies - a kind of "recipe for salvation" from their uncontrolled printing.