Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => On Youtube => Topic started by: Tnoy30 on June 30, 2020, 01:30:25 AM
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Professor of Economics, Sergei Guriev, told Cointelegraph how Bitcoin can be used as a tool to combat authoritarian regimes.
Sergei Guriev, professor of Economics at Paris’ Sciences Po and a critic of Vladimir Putin, told Cointelegraph how Bitcoin can be used as a tool to combat authoritarian regimes despite having “no fundamental social value”.
Unlike fiat currencies, the purchasing power of Bitcoin is not backed by any institution. That is why, according to Guriev, “Bitcoin is a merely speculative instrument without any fundamental value”.
Read on: https://cointelegraph.com/news/bitcoin-as-a-tool-to-fight-authoritarian-regimes-vladimir-putin-critic-explains