From the Mises Institute.
Bitcoin is a shot across the bow at government’s monopoly control of money. While no one in the US appreciates the direction money is going, having the world’s reserve currency and all, Vladimir Putin and Elvira Nabiullina can see what Professor Ammous understands,
If the modern world is ancient Rome, suffering the economic consequences of monetary collapse, with the dollar our aureus, then Satoshi Nakamoto is our Constantine, Bitcoin is his solidus, and the Internet is our Constantinople.
Listen to the Audio Mises Wire version of this article. Here in the U.S. the financial markets are focusing on Fed Chair Jerome Powell’s herky-jerky monetary messages while politically the news is Trump’s two picks for the central bank board have taken themselves out of the running.