Post
Topic
Board Bitcoin Discussion
Re: "Bitcoin cannot become an alternative to fiat currency"- says Yanis Varoufakis
by
unusualfacts30
on 01/08/2020, 16:44:19 UTC
Famous personality, Greek politician, and former Finance minister, Yanis Varouakis recently responded to the open letter sent to him by Bitcoin socialist Ben Arc. In reply, he said that Bitcoin’s dominance is a threat to the economy and social life. What made him to reply this? Read more https://coinpedia.org/news/massive-bubble-would-be-built-on-bitcoin-criticizes-top-politician/

He is an economist who understands fiat more than anything else and that has caused him to become too attached to the economic system based on it. Decentrelization is not something that favors his view so its obviously why he would be in the opposition of that view point. To say its a threat is a stretch. With current gig based economy cryptocurrency is the best thing.