February 20, 2024

Steve Forbes: “Bitcoin is a way to fight authoritarian governments”

According to Forbes Chairman and Editor-in-Chief Steve Forbes, Bitcoin has become a “cry for help.”ordinary people who do not believe in the traditional financial system.

Forbes said Bitcoin has become just as reliablecoin, like gold, which has been achieving its position for thousands of years. He also noted that although the volatility of Bitcoin is quite large, its role in the future of the financial industry is difficult to overestimate.

“Bitcoin plays a very important role. It helps people in difficult situations around the world, allows you to bypass governments that want to control you, want you to starve, want to harm you, ”Forbes said.

In May of this year, Monero lead developer Riccardo Spagni said that Bitcoin will always have competitors, but it could become the world's reserve currency.