Good money can’t exist until removed from the State - Bitcoin?
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The global monetary system is at a crossroads. Can Bitcoin play a part in the finances of tomorrow?
The famed economist Fredrick A. Hayek was of the view that the State was not a good enough actor to hold the reins of monetary power. He said:
“I don’t believe we shall ever have a good money again before we take the thing out of the hands of government, that is, we can’t take them violently out of the hands of government, all we can do is by some sly roundabout way introduce something that they can’t stop,”
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