ECB President bullish on BTC in the long run !!

📈 Recently, Ulrich Bindseil and Jürgen Schaaf, economists at the European Central Bank, published a paper entitled "The Distributional Consequences of Bitcoin," which delves into the limitations and impacts of BTC.

💡 They believe that BTC will continue to pump in the foreseeable future, but this may also brew a huge bubble without economic foundation, and countries may strengthen regulation of cryptocurrency.

Italy: Increased capital gains tax on Bitcoin. The Netherlands: Proposed exit tax. The UK: If you make money with Crypto Assets to buy a house, you cannot apply for a mortgage.

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