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#1194 Dr. David Andolfatto | First Central Banker To Present Bitcoin Publicly
The Pomp Podcast
Bitcoin: A Struggle of Genius
In your 2014 presentation, you say Bitcoin hopes to achieve long term price level stability and drive transaction costs to zero. And then you follow that up with it is a stroke of genius, a monetary system governed by a computer algorithm. Do most central bankers understand that it's clever? Do in conversations, do they at least acknowledge? Hit is Bitcoin thing is actually pretty smart. But I don't think it's going to be successful, you know, competing with the currencies or whatever.
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