The ECB is wrong about Bitcoin: It’s central banks that are unfair

The central bankers are the ones printing money and making everyone poorer via inflation. Bitcoin is the solution, not the problem.

Central bankers are claiming that Bitcoin is unfair. In doing so, they’re laying the foundation for high tax rates on Bitcoin — from mining to capital gains taxes — and even an outright ban. 

But most of the economic evidence — even in papers they themselves publish — suggests that the central bankers are the true cause of our suffering via money printing and inflationary policies and settings.

In a new paper by the European Central Bank (ECB), Jürgen Schaaf argues that Bitcoin is inherently unfair.

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