Niall Ferguson on Why Bitcoin and China Are Successful the Financial Revolution

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Niall Ferguson on Why Bitcoin and China Are Successful the Financial Revolution

The well-known financial historian connects the dots between bitcoin and CBDCs within the COVID-19 cash period.In it, Ferguson argues that bitcoin’


The well-known financial historian connects the dots between bitcoin and CBDCs within the COVID-19 cash period.

In it, Ferguson argues that bitcoin’s sovereignty and “built-in shortage in a digital world characterised by boundless abundance” are driving its adoption. 

He additionally argues that slightly than undertake a China-style central financial institution digital foreign money, incoming President Joe Biden ought to look to combine bitcoin into the U.S. financial system. 



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