Bitcoin’s rise is enriching early adopters at the expense of society, according to a paper by European Central Bank (ECB) economists. They argued that bitcoin’s speculative growth leads to wealth redistribution, where early investors gain while non-holders and latecomers are left poorer. Economists warn this dynamic could harm societal stability, deepening inequality and threatening democracy […]Featured, Bitcoin, BTC, Crypto, Cryptocurrency, Democracy, Digital Currency, Early Adopters, ECB, Inequality, latecomers, poverty, Satoshi Nakamoto, wealth redistributionRead More
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