Premium Only Content

America Would Be Better Off If Bitcoin Became the World’s Reserve Currency
It would force us to “live within our means,” says Avik Roy, the president of the Foundation for Research on Equal Opportunity.
https://reason.com/video/2022/06/09/avik-roy-america-would-be-better-off-if-bitcoin-became-the-worlds-reserve-currency/
------------------------------
Can bitcoin really become the world's reserve currency if it doesn't displace the dollar, the euro, or the yuan as an everyday medium of exchange? Why isn't its price increasing as inflation rises to levels not seen in 40 years? What sorts of regulations—if any—would best facilitate the wide scale adoption of bitcoin not just among the wealthy but the unbanked of the world?
Avik Roy is the president of the Foundation for Research on Equal Opportunity, an Austin, Texas based think tank that focuses on economic growth and mobility. He says that bitcoin improves on the ability of gold as a non-state-backed store of value and has shown itself to be effectively uncensorable—qualities that will allow it to act as a game-changing restraint on the worst actions of governments and central banks.
Reason spoke with him at the Bitcoin conference in Miami in April.
Produced by Nick Gillespie; edited by Adam Czarnecki
Photo Credits: Gerald R. Ford School of Public Policy/Flickr/Creative Commons
-
1:05:39
ReasonTV
6 days agoHow a Government Mind Control Experiment Backfired
5081 -
10:19
MattMorseTV
8 hours ago $1.27 earnedTrump just went SCORCHED EARTH.
6.25K14 -
1:27:56
Glenn Greenwald
5 hours agoSemafor Editor Ben Smith on Epstein Saga; How do MAGA Supporters Really Feel About Trump's Foreign Policy? Eddington Movie Review: Reflections on 2020 | SYSTEM UPDATE #490
116K55 -
LIVE
megimu32
2 hours agoOTS: Infomercial Insanity | 80s-00s Gadgets That Sold Big (and Made Us Buy)
129 watching -
LIVE
Amish Zaku
3 hours agoA Celebration of Ozzy Osbourne's Life, Music, and Spirit
90 watching -
48:41
The Mel K Show
4 hours agoMel K & Aaron Day | Wake up! Walking Blindly into Totalitarian Technocracy | 7-22-25
25.1K6 -
1:05:20
BonginoReport
6 hours agoEpstein: From “Case Closed” to “To Be Continued” - Nightly Scroll w/ Hayley Caronia (Ep.95)
127K63 -
LIVE
Anthony Rogers
1 day agoEpisode 375 - Randy Valerio
44 watching -
1:32:14
Kim Iversen
6 hours ago"Obama Belongs In Jail!" Tulsi Gabbard Exposes Entire Russiagate Hoax
109K105 -
LIVE
AlphaZeroOmega
2 hours ago $0.08 earnedHitman: ⚔ Ozzy Osbourne Tribute ⚔ | 🚨Rumble Studio Direct RTMP🚨
22 watching