Economists Without Borders
The Remnant with Jonah Goldberg
Cryptocurrency: Privacy, Promise, and Pitfalls
This chapter explores the advantages of cryptocurrencies, focusing on the privacy benefits they offer compared to traditional banking systems. It discusses the programmability of money through smart contracts, the challenges posed by meme coins, and the regulatory landscape affecting cryptocurrency adoption. Additionally, the chapter reflects on the geopolitical implications of cryptocurrency, particularly in the context of Ukraine and Russia, while questioning the U.S. government's current stance on digital currencies.
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