7/19/21 Peter McCormack on the Bitcoin Revolution Taking the World by Storm

43:34
 
แบ่งปัน
 

Manage episode 297864543 series 2289281
โดย The Scott Horton Show from The Libertarian Institute และถูกค้นพบโดย Player FM และชุมชนของเรา -- ลิขสิทธิ์นี้เป็นของผู้เผยแพร่ ไม่ใช่ Player FM โดยมีการสตรีมเสียงโดยตรงจากเซิร์ฟเวอร์ผู้เผยแพร่ กดปุ่มติดตามเพื่อติดตามการอัพเดทใน Player FM หรือวาง URL ฟีดนี้ไปยังแอพพอดคาสท์อื่น

Peter McCormack discusses the latest developments in the world of Bitcoin. The most important news is that El Salvador moved to make Bitcoin legal tender, alongside the U.S. dollar, which McCormack says is huge for its viability as a mainstream currency. Bitcoin should help to solve several problems that have long plagued El Salvador’s economy, and other Latin American countries may well follow suit. More and more people are also spending and accepting Bitcoin around the world, rather than just using it as an investment, especially as payment networks get better. Of course, the U.S. government isn’t terribly happy about any of this, since it threatens the position of the dollar as the world’s reserve currency. The beautiful thing about Bitcoin, McCormack says, is that there’s nothing they can do to stop it.

Discussed on the show:

Peter McCormack is the host of the What Bitcoin Did podcast. Follow him on Twitter @PeterMcCormack.

This episode of the Scott Horton Show is sponsored by: The War State and Why The Vietnam War?, by Mike Swanson; Tom Woods’ Liberty Classroom; ExpandDesigns.com/Scott; EasyShip; Thc Hemp Spot; Green Mill Supercritical; Bug-A-Salt; Lorenzotti Coffee; Zippix Toothpicks and Listen and Think Audio.

Shop Libertarian Institute merch or donate to the show through Patreon, PayPal or Bitcoin: 1DZBZNJrxUhQhEzgDh7k8JXHXRjYu5tZiG.

https://youtu.be/KF6Pcn0GEhM

1397 ตอน