Renowned Historian Yuval Noah Harari Voices Concerns on Bitcoin's Foundation
What Did Harari Say About Bitcoin?
Harari critiqued Bitcoin as a money built on distrust, emphasizing the historical reliance on banks and governments for financial regulation. Despite the rise of electronic money, he advocates for centralized authorities in money creation.
Opposing Views on Decentralization
Harari's stance contrasts the decentralized approach of cryptocurrencies like Bitcoin, challenging the autonomy and surveillance resistance they offer.
Community Feedback and Criticisms
Responses from figures like Charles Hoskinson and Walker reflected diverse opinions on Harari's position, touching on historical contexts and the implications of central bank digital currencies (CBDCs).
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