Bitcoin maximizes trust in money and minimizes costs of payment transactions
The Frankfurter Allgemeine Sonntagszeitung wrote in the current issue about Bitcoin. The verdict is amazingly positive and shows that the Bitcoin is slowly conquering the conservative layers.
The Frankfurter Allgemeine Sonntagszeitung (FAS) should be one of the most exciting print media of this republic. Compared to the FAZ daily edition, it is noticeable that it rushes less against Russia/Greece/Left Parties/unionists, but publishes more really good reports and reports-while she is celebrating the upper middle class with love and humor. In the “Money & More” department, Thomas Mayer, founding director of the Flossbach by Stoch Research Institute, writes once a week on any topics of the global economy once a week. On Sunday the 26. July was that the Bitcoin or. The cryptocurrencies.
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And Meyer is fatter when I dared it here. He compares the innovation of the cryptocurrencies with paper money, makes surprisingly few technical errors- just a few small confusion of nodes and miners- and brings the Bitcoin to an excellent formula: “Crypto money is the antithesis of paper and banking books: It is created decentralized instead of a fixed rule instead of a fixed man User instead of state law.“The Bitcoin maximizes trust in the money and at the same time minimizes the costs of payment transactions; it can realize an“ active money regulations ”from which Mayer promises a more stable economy and a more stable money. Sounds good.
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Of course, Mayer cannot say whether the Bitcoin prevails. He sounds like he’s hope. Probably because the Bitcoin is a progressive and innovative technology that society can definitely turn upside down, but at the same time has enough interfaces to a bourgeois-liberal world view. However, the decision lies with the audience. With the Bitcoin, one would like to add that the choice of payment as a political vote on the order of the economy.