In a paper released a few days ago (October 2024) two senior officials from the ECB outlined why they believe Bitcoin is dangerous, creates inequality, and is a threat to democracy. In this episode, I outline why they are wrong. 

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Today's episode:

[00:50 ] A real-life horror story. 

[02:30 ] Arguments made by two senior ECB officials about the dangers of Bitcoin in a research paper. 

[05:58 ] The high levels of accessibility of Bitcoin.

[05:58 ] Some of the many benefits of Bitcoin. 

[07:16 ] Why it is untrue that early Bitcoin adopters benefit unfairly.   

[09:35 ] The causes of inequality. 

[10:35 ] My theories for the motivation behind the release of the anti-Bitcoin paper. 

[16:19 ] What to expect from the MICA workshop I am holding in November. 

Show links:

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