In a paper released a few days ago (October 2024) two senior officials from the ECB outlined why they believe Bitcoin is dangerous, creates inequality, and is a threat to democracy. In this episode, I outline why they are wrong. 

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Today’s episode:

• [00:50] A real-life horror story. 
• [02:30] Arguments made by two senior ECB officials about the dangers of Bitcoin in a research paper. 
• [05:58] The high levels of accessibility of Bitcoin.
• [05:58] Some of the many benefits of Bitcoin. 
• [07:16] Why it is untrue that early Bitcoin adopters benefit unfairly.   
• [09:35] The causes of inequality. 
• [10:35] My theories for the motivation behind the release of the anti-Bitcoin paper. 
• [16:19] What to expect from the MICA workshop I am holding in November. 

Show links:

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