Daily Fintech Conversations

Bitcoin could be America's greatest weapon

Originally published at: https://dailyfintech.com/2019/09/30/bitcoin-could-be-americas-greatest-weapon/

Ilias Louis Hatzis is the Founder & CEO at Mercato Blockchain Corporation AG and Weekly Columnist at Daily Fintech. Some governments feel that Libra poses a threat to cross-border payments, monetary policy and even financial sovereignty. China certainly feels that way. Facebook’s plan to launch its own cryptocurrency has pushed the Chinese central bank to step up…

Money quote is ”The real threat to America comes less from cryptocurrencies like Bitcoin, Libra or El Petro and more from not embracing and accelerating technological developments in the financial sector, to maintain its role as the gatekeeper for digital innovation.”

I hope some American politicians are listening - maybe Andrew Yang?