<ul><li>The European Central Bank (ECB) claims that the rising price of Bitcoin benefits early adopters, leading to wealth inequality and social instability.</li><li>Bitcoin's original goal as a global payment system has failed due to slow transactions and high costs.</li><li>The ECB warns that the redistribution of wealth caused by Bitcoin could have severe social repercussions and endanger societal stability.</li><li>The ECB also criticizes Bitcoin for becoming a speculative asset and blames celebrities and influencers for fueling speculative bubbles.</li></ul>

ECB Claims Bitcoin Growth Is Hurting Social Wealth Distribution

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