Nassim Taleb: Currency Without Government
on Friday, April 24, 2015Nassim Taleb Money Quotation saying a nationless currency is sorely needed. Nassim Taleb said:
“Bitcoin is the beginning of something great: a currency without a government, something necessary and imperative” — Nassim Taleb
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Nassim Taleb’s idea of a currency without government differs from traditional currencies in that it is decentralized and not controlled by any single entity or authority. Unlike traditional currencies, which are issued and regulated by governments, a nationless currency like Bitcoin operates independently of any government or central bank. This allows for peer-to-peer transactions without the need for intermediaries, and can potentially reduce the risk of government manipulation or control.