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Niall Ferguson on Why Bitcoin and China Are Winning the Monetary Revolution

Niall Ferguson on Why Bitcoin and China Are Winning the Monetary Revolution

FromThe Breakdown


Niall Ferguson on Why Bitcoin and China Are Winning the Monetary Revolution

FromThe Breakdown

ratings:
Length:
16 minutes
Released:
Dec 6, 2020
Format:
Podcast episode

Description

On today’s Long Reads Sunday, NLW reads Niall Ferguson’s latest Op-Ed for Bloomberg: “Bitcoin Is Winning the COVID-19 Monetary Revolution” In it, Ferguson argues that bitcoin’s sovereignty and “built-in scarcity in a virtual world characterized by boundless abundance” are driving its adoption.  He also argues that rather than adopt a China-style central bank digital currency, incoming President Joe Biden should look to integrate bitcoin into the U.S. economic system.
Released:
Dec 6, 2020
Format:
Podcast episode

Titles in the series (100)

A daily analysis of macroeconomics, bitcoin, geopolitics and big picture power shifts, hosted by Nathaniel Whittemore @nlw. The Breakdown is part of The Breakdown Network.