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3232Fiat Currencies Will Be Irrelevant Within a Decade
https://www.digit.info/fiat-currencies-will-be-irrelevant-within-a-decade/
Wed, 18 Sep 2024 08:45:42 +0000https://www.digit.info/fiat-currencies-will-be-irrelevant-within-a-decade/Read more]]>Following on from my April article titled “Democracy Fails Without Cryptocurrency,” I believe that we will see a complete collapse of traditional fiat currencies within the next ten years. These government-issued and controlled monies will be replaced by decentralized and permissionless currencies. This may sound far-fetched, but several factors will drive this huge shift. Let’s […]
]]>Former Fed Chair Bernanke: Bitcoin Is Mainly Used in Underground Economy for Illicit Activities
https://www.digit.info/former-fed-chair-bernanke-bitcoin-is-mainly-used-in-underground-economy-for-illicit-activities/
Tue, 17 May 2022 00:00:24 +0000https://www.digit.info/2022/05/17/former-fed-chair-bernanke-bitcoin-is-mainly-used-in-underground-economy-for-illicit-activities/Read more]]>Former Federal Reserve chairman Ben Bernanke says the main use of bitcoin is “mostly for underground economy activities and often things that are illegal or illicit.” He added, “I don’t think bitcoin is going to take over as an alternative form of money.” Ben Bernanke on Bitcoin, Cryptocurrency Former Federal Reserve chairman Ben Bernanke shared […]
Following on from my April article titled “Democracy Fails Without Cryptocurrency,” I believe that we will see a complete collapse of traditional fiat currencies within the next ten years. These government-issued and controlled monies will be replaced by decentralized and permissionless currencies. This may sound far-fetched, but several factors will drive this huge shift. Let’s […]
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Former Federal Reserve chairman Ben Bernanke says the main use of bitcoin is “mostly for underground economy activities and often things that are illegal or illicit.” He added, “I don’t think bitcoin is going to take over as an alternative form of money.” Ben Bernanke on Bitcoin, Cryptocurrency Former Federal Reserve chairman Ben Bernanke shared […]