What will Bitcoin do to central banks?
bitcoin·@max.hillebrand·
0.000 HBDWhat will Bitcoin do to central banks?
I had the pleasure to discuss the many problems of central bank fiat currency and why Bitcoin is a great alternative with much prospect. Niko Laamanen, a young Bitcoin entrepreneur, hosted this very informative conversation with Sami Miettinen, a experienced investment banker and fiat hodler and me, entrepreneur and Bitcoin enthusiast. We discussed how the different economic schools explain the origins and value of money. Monetarists favor a centrally controlled medium of exchange with a stable purchasing power. Austrians prefer a voluntary and neutral money with only a minimal and steady increase in the money supply. To find out which school can actually explain why Bitcoin is valuable, check out the video below! We had a blast recording our debate and hope that you get as much value out of it as we did! https://youtu.be/KwXIIp6iEzI