The cryptocurrency community is abuzz with excitement due to a recently discovered footage of Nobel Prize-winning economist F.A. Hayek, an Austrian School philosopher and social theorist, which seemingly predicted the invention of Bitcoin or something similar to bitcoin.
In this interview Hayek declares that the only way to return to sound money is to take it out of the hands of the government which has for a long time stopped development of money.
He admits that there is no way to take money away from the government’s hand without conflict thus there should be some sly roundabout way to introduce something that the government cannot stop.
It is interesting to note that Hayek was not alone in predicting the coming of crypto phenomenon; it was mentioned in Crypto Anarchist Manifesto of 1988 and predicted by American economist Milton Friedman in 1999.
Headlines for the world of Cryptocurrencies - July 21, 2019
- Fiat Still The Leading Currency For Money Launderers
- Bitcoin Network 8 Times More Powerful
- SWIFT’s New System Comparable To Ripple Network
- Binance Launchpad declares Tron-based WINk IEO
- Bulgaria’s Bitcoin Supply Value Now Surpasses Their Gold Reserves Value
Headlines for the world of Cryptocurrencies - July 20, 2019
- Bitcoin Protected By Chinese Property Laws
- The Most Volatile Hour For Bitcoin
- Bitcoin Gains Supporters In Capitol Hills
- Indian Government Sheds Some Light On Crypto Regulations
- Binance Jersey List Its Own Stablecoin Backed By GBP
Headlines for the world of Cryptocurrencies - July 19, 2019
- Power Lunch With Warren Buffet And Justin Tron Adds Circle CEO Jeremy Allaire
- Libra Receives Support From Mother Of Blockchain
- Co-Founder Of Apple Co-Founding Blockchain-Based Energy Savings Firm
- LibertyX Expanding Its Bitcoin ATM Business
- Chinese Internet Users Interested With Facebook’s Libra
