

Mining the Future: In Conversation with Anthony Scaramucci
Anthony Scaramucci believes there is a strong moral case for crypto. Whereas the Federal Reserve can inflate away our money today, crypto remains impervious to such measures.
Anthony Scaramucci believes there is a strong moral case for crypto. Whereas the Federal Reserve can inflate away our money today, crypto remains impervious to such measures.
To highlight the basic nature of crypto currencies, we will focus on the two most popular: Bitcoin and Ethereum. These two cryptos differ much in the same way as gold-standard currency differs from fiat currency.
While our current monetary system rests on national currencies and regulated banks, every new user of a cryptocurrency unlocks the potential of a system that cannot be overruled, made redundant, or inflated away. This is what scares monetary authorities the most.