Get advanced Bitcoin education here:https://www.bitcoinuniversity.com/joinIn this video, I discuss the recent ECB paper "The Distributional Consequences of Bitcoin," in the context of the poor policy decisions made by EU bureaucrats over the past 2 decades.The Euro has lost 90% of its purchasing power since inception (measured against gold), and yet the ECB seems to have a complete lack of self-awareness and self-reflection."Bitcoin has no top, because fiat has no bottom." This suggests that the ECB's concerns about a "Bitcoin-positive scenario" will only increase.Not investment advice! Consult a financial advisor.German deindustrialization:https://x.com/Schuldensuehner/status/1667423041935097856EU unfunded pension entitlements:https://x.com/MichaelAArouet/status/1824679056907936064Print, Pump, Tax, Repeat:https://www.youtube.com/watch?v=8WDcFmyI95k&ab_channel=BitcoinUniversityItaly Plans to Raise Bitcoin Capital Gains Tax from 26% to 42%:https://www.nobsbitcoin.com/italy-plans-to-raise-bitcoin-capital-gains-tax-from-26-to-42/3 ECB papers on Bitcoin:https://www.ecb.europa.eu/press/blog/date/2022/html/ecb.blog221130~5301eecd19.en.htmlhttps://www.ecb.europa.eu/press/blog/date/2024/html/ecb.blog20240222~0929f86e23.en.htmlhttps://papers.ssrn.com/sol3/papers.cfm?abstract_id=4985877Massive loss in Euro purchasing power since 1999:https://x.com/JoeNakamoto/status/1841803216704430310"The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust":https://satoshi.nakamotoinstitute.org/posts/p2pfoundation/1/Martti Malmi emails with Satoshi:https://mmalmi.github.io/satoshi/ Top global monetary assets:https://x.com/1basemoney/status/1846834655359545607/photo/1"Bitcoin has no top, because fiat has no bottom":https://x.com/maxkeiser/status/1161628131104579584I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos. My opinion is not for sale. Please do not contact me with any affiliate or advertising deals. #Bitcoin #crypto #ECB Disclaimer Neither Matthew Kratter's Bitcoin University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video, on this YouTube channel, or at www.Trader.University or www.BitcoinUniversity.com (henceforth, “the Sites”) should be construed as such by you. This video, channel, and the Sites should be used as educational tools only and are not replacements for professional investment advice. Trading or investing in new and volatile assets like Bitcoin can be risky....https://www.youtube.com/watch?v=-REk4ZsZvh0