Bitcoin as Medium of Exchange Debate: Saifedean Ammous vs ...

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— George Selgin (@GeorgeSelgin) July 12, 2020 #1 One OG Felt So Strongly. In the early days #bitcoin was many things to many people. But one OG felt so strongly that it was a payments network, he put his money where his mouth is and he has been flying the #BCH flag ever since. Bitcoin's intrinsic value has been heavily discussed in the crypto community this week following a remark by the governor of the Bank of England suggesting that the cryptocurrency may have no ... Diskutanten waren George Selgin, Direktor des Zentrums für monetäre und finanzielle Alternativen des Cato Instituts und der Ökonom Saifedean Ammous, Autor des Bestsellers “The Bitcoin Standard: The Decentralized Alternative to Central Banking (2018)”. Hackers stole 7,000 bitcoin from major cryptocurrency exchange Binance, the platform said. They used a variety of methods to carry out the “large scale security breach," according to the exchange. TL;DR: The author of The Bitcoin Standard, Saifedean Ammous, will argue for bitcoin as a medium of exchange in a debate against The Cato Institute’s George Selgin at the Soho Forum in New York. It will be an odd juxtaposition for Ammous on Monday, August 12th, 2019, who famously urges the hodl, store of value position. George Selgin, director of the Cato Institute’s Center for Monetary and Financial Alternatives, joins The Breakdown to walk through the 200-year history of central banking. Who won #CryptoTwitter? Related Stories. Blockchain Bites: Goldman’s Hire, Ether’s Options, Bitcoin’s Patronage

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