Crypto-based Totalitarian Regime? | James Corbett
SilverDoctors.com
January 31, 2018
James Corbett warns Silver Doctors of the dark side of cryptocurrencies, which could become a tool of totalitarianism…
James Corbett of The Corbett Report interviewed by Silver Doctors
First, Corbett demystifies the confusion between Bitcoin and blockchain. These terms are not interchangeable, and much of the confusion has led to a irrational hype.
However, Corbett sees the blockchain in combination with a cryptocurrency could change the financial system as we know it. It could almost completely disintermediate the financial system, making everyone their own banker.
But a cryptocurrency can also be controlled. If central banks issued cryptocurrencies, the currency could become a tool of totalitarianism. Corbett says we cannot let this happen.
