Lawrence Lepard, an investment manager and Austrian economist, believes that Bitcoin will defund governments and make it difficult for them to start wars. He argues that governments fund wars through inflation, and without inflation, they wouldn't have the funds to go to war. Lepard also states that Bitcoin's hedging characteristics against inflation make it an ideal tool for investors to protect themselves during the impending financial crisis. He suggests that Bitcoin, along with gold and silver, are unprintable assets that can serve as reliable stores of value. Lepard predicts that Bitcoin will eventually surpass gold in terms of value and mentions that the next three years will be exciting for the cryptocurrency industry, with BTC potentially reaching new highs of $200k to $250k before a correction occurs.
- Content Editor ( cryptopolitan.com )
- 2024-11-12
Lawrence Lepard says Bitcoin will defund the government and make it harder to conduct war