5min chapter

The "What is Money?" Show cover image

World History Told Through the Lens of Money with Niko Jilch (WiM336)

The "What is Money?" Show

CHAPTER

The Relationship Between the ECB and the Euro

The ECB was actually the first major central bank to publish a somewhat decent paper on Bitcoin in 2012. In my opinion, it's more about that than the Americans being afraid of them ever getting the ball. It's always about the money and especially what money is used to buy energy. The Europeans tried many things to get Iran to trade with them in euros and oil and stuff. That's what the whole Iran atomic thing that the whole nuclear deal is about. And then you had John Kerry saying that if we didn't sign this junkier currency, the American dollar would cease to be the reserve currency of the world. You see the same thing popping up over and over again now.

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