Description
France outlaws all cash payments above 1000 euros, in a move that brings the European nation further along the path of a dystopian centrally controlled economy.
Luckily, there’s Bitcoin.
On today’s show: France moves to outlaw large cash payments made in euros.
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https://www.amazon.com/Sacred-West-Cryptocurrency-Commercial-Emergent-ebook/dp/B0BVGWJH36 - Sacred West: Cryptocurrency, Commercial Space Travel, and Emergent AI In The 2020s (February 9, 2023 release)
https://www.amazon.com/Treacherous-America-Life-2022s-USA-ebook/dp/B09RWJS9S6 - Treacherous America: Life In 2022's USA (February 6, 2022 release)
https://www.amazon.com/Winner-Take-All-Bitcoin-Ether-ebook/dp/B08Z31YP53 - Winner Take All: Bitcoin, Ether, and the Rise of New Money (March 15, 2021 release)
https://www.amazon.com/Blockchain-Cryptocurrency-Opportunities-Bitcoin-Ethereum-ebook/dp/B07PKK1GSK - Return of the Blockchain! Cryptocurrency Market Opportunities & Risks in 2019 (March 9, 2019 release)
What actually happened with cryptocurrency is something wild: Satoshi didn't just give us superior money, he gave us an anti-fragile social structure for the 21st century. Long after the banks and maybe even some of the governments go functionally if not actually bankrupt (i.e. they can hyper inflate their currency to repay debts, but at the expense of all remaining credibility), Bitcoin and other major networks like perhaps Litecoin will still have users, accepting merchants, and name recognition.
—FULCRUM Research