AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Challenging Libertarian Resistance to Cryptocurrency
The chapter addresses the reluctance of some libertarians, such as the Mises Institute, to embrace cryptocurrency due to factors like generational disparities and limited understanding of the technology, stressing the need for deeper involvement and comprehension. It explores the potential repercussions of a bond market collapse, advocates for non-inflationary assets like cryptocurrencies, and discusses the absence of a definitive guide for libertarians on the subject. The conversation also delves into the benefits of cryptocurrency transactions over traditional banking systems, citing ease, permissionless characteristics, and efficiency, while highlighting the necessity for the crypto community to showcase its achievements and challenge societal biases in favor of traditional institutions.