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Famous Bitcoin Skeptic Admits The Rationality Of Bitcoin In "Doomsday" Scenarios

Mary Liu

Summary: Izabella Kaminska, a well-known editor of the Financial Times and a Bitcoin skeptic, stated in her article that Bitcoin finally found its existence in the "doomsday" scenario.  According to the article, the government's response to the Covid-19 pandemic has stirred up the argument that the world will move toward authoritarianism in the future, and the ...

Izabella Kaminska, a well-known editor of the Financial Times and a Bitcoin skeptic, stated in her article that Bitcoin finally found its existence in the "doomsday" scenario. 

According to the article, the government's response to the Covid-19 pandemic has stirred up the argument that the world will move toward authoritarianism in the future, and the anonymous security of Bitcoin has become a hedge against the global fall into totalitarian dystopia. Kaminska says: "I don’t believe in the risk of global authoritarianism painted by the cryptocurrency’s most fervid backers. But as a doomsday contingency system, I am glad someone created bitcoin just in case."

By Mary Liu

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