5 March 2014

How Economist Milton Friedman Predicted Bitcoin

Bitcoin and its crypto-cash counterparts are essentially trustless monetary systems that upend the banking establishments ideals of how a financial system should operate.


Intriguingly, the concept of digital money was predicted as far back as the late 90s.


Economist Milton Friedman was one of the most renowned economists of the 20th century and his ideas radically changed the way that policymakers made their decisions.


Continue reading at CoinDesk


March 05, 2014 at 06:12PM