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Lyn Alden | "Bitcoin was Invented & Discovered" | Simply Bitcoin IRL

Simply Bitcoin

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What Is the Impact of Bitcoin on the Economy?

If this network is successful and if it's more widely held, it does constrain government's ability to do things that are not popular among the public. And if they're hoarding Bitcoin or gold or whatever the case may be,. If we're talking about another country and they're instead hoarding dollars, for example, they're not holding their Indian rupees and they'reInstead holding dollars. Whatever they're not hold, that's basically it allows that currency to depreciate faster. It kind of pressure the government ability to keep printing at the rate they have been.

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