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ECB terrified of Bitcoin (when Euro is collapsing:-)

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First published at 12:36 UTC on December 4th, 2022.

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In this video, I discuss the irony of the ECB (European Central Bank) arguing vehemently against Bitcoin, even though they pretend to be convinced that it is about to disappear forever. This blog post is nothing more than a rehash of Bitcoin FUD 101: Bitcoin is too slow, it wastes energy, it's used mostly for illegal transactions, etc. What the ECB is actually concerned about are potential exits (like Bitcoin) from the Euro fiat nightmare. The ECB balance sheet has skyrocketed over the past decade, inflation is still running hot in the Eurozone, and the ECB cannot turn the money printers back on without exacerbating already high energy prices. Central bankers and fiat finance will be consigned to the dustbin of history. While the Euro will no longer exist in 10 years from now, Bitcoin will be larger and more powerful than ever.

https://www.youtube.com/watch?v=ebBKIEOWK9Q

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