Niall Ferguson on Why Bitcoin and China Are Winning the Monetary Revolution

The well-known economic historian connects the dots between bitcoin and CBDCs in the COVID-19 money era.

Dec 6, 2020 at 2:00 p.m. UTCUpdated Sep 14, 2021 at 10:38 a.m. UTC
Dec 6, 2020 at 2:00 p.m. UTCUpdated Sep 14, 2021 at 10:38 a.m. UTC

The well-known economic historian connects the dots between bitcoin and CBDCs in the COVID-19 money era.

For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.

This episode is sponsored by Crypto.com, Nexo.io and this week's special product launch, Allnodes.

On today’s Long Reads Sunday, NLW reads Niall Ferguson’s latest Op-Ed for Bloomberg: “Bitcoin Is Winning the COVID-19 Monetary Revolution

In it, Ferguson argues that bitcoin’s sovereignty and “built-in scarcity in a virtual world characterized by boundless abundance” are driving its adoption. 

He also argues that rather than adopt a China-style central bank digital currency, incoming President Joe Biden should look to integrate bitcoin into the U.S. economic system. 

For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.

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