The IMF Hates Bitcoin Because It Loves Total Control
The IMF hates Bitcoin because its decentralized protocol and programmatic monetary policy defies the control the fund wants to implement on us all.The International Monetary Fund (IMF), along with a string of other financial institutions, really does not like Bitcoin. So, let’s do the usual, thinking through what the IMF is and why it even matters.What Is The IMF?The IMF and the World Bank are like the parallel universe versions of Shaggy and Scooby-Doo. They have no idea what they are doing, and yet the decisions they make determine how the show ends. The only difference is that no one....
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Dr Patrick Byrne, CEO of Overstock.com, sure loves Bitcoin. It's unsurprising, seeing as his company has seen massive Bitcoin transactions since Overstock began accepting Bitcoin a few weeks ago with over $100,000 in sales. But in a recent interview with conservative news outlet Rare, Byrne discusses his views on Bitcoin and counters Paul Krugman's assertion that "Bitcoin is Evil". https://api.soundcloud.com/tracks/129661708. Byrne doesn't beat around the bush. He dives right in with one of the first things he says being, "[Krugman] went crazy about a decade ago, more than a decade." Byrne....
American financial advisor Suze Orman says she loves bitcoin. She has provided some advice on how to invest in the cryptocurrency a month, noting that she prefers to buy bitcoin through Paypal’s crypto service because the payments giant has made it easy to do so. Suze Orman Loves Bitcoin Suze Orman said she loves bitcoin in an interview with Yahoo Finance published Friday where she shared her bitcoin investing strategy and advised listeners how they should start investing in the cryptocurrency. She founded the Suze Orman Financial Group in 1987 and her Suze Orman Show ran on CNBC....
Ron Paul loves his own coin “Ron Paul Coin” and Bitcoin. He bashes the US dollar calling the US government a counterfeiter. Enjoy the funny video.
U.S. Senator Ted Cruz says one of the reasons he is so bullish on bitcoin is because it is decentralized and not controllable. He added that “China recently banned bitcoin because they can’t control it, which is the exact same reason Elizabeth Warren hates bitcoin.”
US Senator Bullish on Bitcoin
U.S. Senator Ted Cruz from Texas spoke favorably about bitcoin at the Conservative Political Action Conference (CPAC) Thursday. Launched in 1974, CPAC “is the largest and most influential gathering of conservatives in the world,” its website....
Knowing that I control my money is a type of peace of mind that cannot be provided by a fully “stable” monetary good controlled by central bankers.