In this article. Lawrence Leppard said in an interview that bitcoin reduces government spending and makes war harder to wage.
Mr. Leppard said that governments pay for wars through inflation, and without inflation they can't start wars.
This investment manager and Austrian economist believes that #bitcoin will reach $200,000 within six to 12 months before the next #cryptocurrency correction occurs.
Investment manager and Austrian economist Lawrence Leppard believes that bitcoin will take money away from governments, making it impossible to start wars. According to independent researchers, governments fund their wars through inflation.
Australian economist Lawrence Leppard recently appeared on a podcast with bitcoin enthusiast Robin Thayer. The economist stated that the collapse of the U. S. dollar is inevitable and explained why bitcoin is the best tool for investors to protect themselves from the impending financial crisis after the crash.
In his speech, Mr. Leppard stated that due to BTC's inflation hedging properties, governments around the world will not be able to start wars. Mr. Leppard stressed that governments get the means to wage war from inflation.
He emphasized that without inflation, governments would not have the means to start wars. According to Mr. Leppard, the biggest crime of the fiat money era was that it allowed corrupt big governments to start wars in which people died.
In the podcast, an independent researcher noted that inflation forces people to invest in assets that cannot be printed. According to Leppard, the three assets that cannot be printed are gold, silver and #BTC . The researcher also noted that gold is analog safe money and BTC is digital safe money.
See also: BTC hit an all-time high of $79,788, #ETH passed the $32,000 mark.
Mr. Leppard said that central banks will not stop printing fiat money and that the long-term sentiment towards bitcoin is bullish.
it's a gold rush.
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