Big Bureaucrat Bashes Bitcoin

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In this video, I discuss BIS chief Agustin Carstens' recent negative comments about Bitcoin and crypto.

Carstens doesn't seem to see the irony of bashing Bitcoin in the middle of an inflation crisis, as Europe struggles to pay its energy bills with rapidly devaluing fiat money.

Central bankers like Carstens have done a terrible job of managing our money over the past 100 years. It has been a history of financial crises, bail-outs, and currency devaluations.

We also cannot trust crypto project leaders.

The nice thing about Bitcoin is that it is a trust-less system that allows each user to independently verify Bitcoin's transaction history. It is rules without rulers.

Not investment advice! Consult a financial advisor.

BIS chief does not like crypto:
https://www.bloomberg.com/news/articl...
https://www.zerohedge.com/crypto/fiat...

Governments have a long history of abusing our trust:
https://www.nbcnews.com/id/wbna7634313
https://first-heritage-foundation.s3....
https://images7.memedroid.com/images/...
https://twitter.com/Pledditor/status/...

US dollar losing purchasing power over time:
https://www.visualcapitalist.com/purc...

Satoshi's inscription:
https://www.thetimes03jan2009.com/wp-...

Cardano Founder Charles Hoskinson Lays Out 2022 Plans:
https://www.coindesk.com/tech/2021/12...

Ethereum founder lays out plans:
https://decrypt.co/105707/ethereum-me...

So-called "defi" project seizes money from its holders:
https://www.coindesk.com/business/202...

Europe's spend on energy crisis nears 800 billion euros:
https://www.reuters.com/business/ener...

Inflation hitting record highs in Eurozone:
https://fortune.com/2022/09/01/record...

Inflation increases poverty unevenly, widening gaps across the EU:
https://joint-research-centre.ec.euro...

Christine Lagarde: IMF chief convicted over payout:
https://www.bbc.com/news/world-europe...

Bitcoin is hope:
https://ih1.redbubble.net/image.31063...

I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.

My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.

#bitcoin
#fiat
#crypto

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