BITCOIN - 1999 | M. Friedman | "E-cash to transfer funds online"

By Pk24 | Daily Manager | 9 May 2021

Milton Friedman in 1999: "The internet is going to be one of the major forces for reducing the role of government. The one thing that is missing is a reliable e-cash, a method by which on the internet you can transfer funds from A to B anonymously." In this interview, Friedman, who is famous for the stockholder model of business ethics accurately forecasts the need for a reliable e-cash that allows individuals to send money online anonymously. Who knew that this forecast would come true only a decade later with cryptocurrencies such as Bitcoin and Litecoin being invented in 2009.


Some comments for this statement :






The statement for E-cash in 1999



What do you believe ?


A. It was organised by a small group-elite.

B. It was just an idea from a brilliant economist.

C. He knew that Bitcoin was already under construction.

D. Nothing from above.


Write in the comment section.

Have a nice crypto week.




Full video here



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 Disclaimer: This video represents my personal opinion which is for educational purposes only and do not necessarily constitute facts in any way. No investment advice. Trade and Invest at your own risk. This is NOT an offer to buy or sell securities. Investing and trading in cryptocurrencies is very risky, as anything can happen at any time.

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