Day: April 28, 2021

Digital Currencies Don’t Need Government Backing

Michael Petraeus, better known as Critical Spectator, wrote an article for Vulcan Post arguing that digital currencies can only work with government backing. By ‘digital currencies’ he singles out Bitcoin for criticism. This in itself is the fatal flaw underlying his thesis. To understand where Petraeus is coming from, he is one of Singapore’s highest […]

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