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ECB SAYS BITCOIN COULD BE WORTH MILLIONS (Eruptions Market Report (10-25-24)

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 itself. Bitcoin’s economic impact, they claim, is a zero-sum game.



The ECB just admitted in this paper that Bitcoin's price could reach insane targets, millions and tens of millions of USD per coin.


They disguise this as being a bad thing, saying it's redistributing wealth and making people poor.


The irony is astounding. The central banks have printed their currencies into the ground over the last 100 years, destroying the average person's hope of being wealthy, dooming them and their children to a life of 9-5 slavery where their salary barely pays for rent, food, gas, and car, while extra expenses spill over onto credit cards, further enslaving them to the debt/credit system of vaporware money printed out of thin air by parasites who claim to care about them.


However, WE MUST BE WARY when major, corrupt financial institutions such as the ECB come out and say any kind of forecast and price target for anything.


Their goal is not to help you, their goal is to IMPOVERISH you and your family forever. It is quite literally the REASON the central banks exist - complete financial control for the elites.


While I do see Bitcoin hitting these price targets in the long term, when I see these crazy price targets being put into the media by Blackrock, ECB, and others (notice how there was no bullish news for Bitcoin over the summer around $50k, only when we are approaching ATHs again), I see them preparing to pump the market into euphoria, suck in retail investors, and DUMP on them.


NOTICE THE LANGUAGE THEY USE - They are literally saying if you don't buy Bitcoin, you will be POOR.


They are already building and shaping the psychological disposition for retail investors as we entire the next phase of the crypto bull market - the most bullish phase when BTC enters price discovery.


If you study the stock market, this is what the elites have been doing for decades. They pump bearish news into the media at the bottom, while they load their bags quietly. Then they shape mass psychology on the way up, then they pump euphoric and bullish news at the top while they are quietly selling.


Then a "black swan" event giga dumps the market. What many do not understand is that these events are carefully planned and orchestrated by the financial elites, designed to steal your wealth and enrich themselves. Pure psychological warefare.


Do not listen to the news. Listen to the one newsletter in your inbox every week that has 90% accuracy over the last 3 years on stocks and crypto.




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