Bitcoin proponents have issued a detailed rebuttal to a European Central Bank (ECB) paper that criticized its viability and economic impact. In the working paper by ECB officials Ulrich Bindseil and Jürgen Schaaf, Bitcoin is described as a speculative asset lacking intrinsic value, contributing to wealth concentration, and failing to enhance economic productivity. Researchers Dr. […]
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Satoshi Action Fund rebut ECB Bitcoin critique, highlighting flaws in recent analysis