3.11 Bitcoin ecosystem is debasing the social order

Islamic Finance Podcast with Almir Colan

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4y ago 26:33

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Good money and a good financial system need two things:

1] Collective cooperation that disincentivises the debasement of the currency. 2] Social order to prevent harm.

Today, unfortunately, governments are debasing our money, but the Crypto ecosystem is debasing the social order. No one should be in the business of making money from making money.

The creation of money should be done for the public good and not for profit.

-- Almir Colan's "Bitcoin 101" YouTube course is available at: https://bit.ly/30BZuOq

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