The Mindcrime Liberty Show is joined by Duncan Whitmore of Mises UK who wrote an essay entitled Crypto Skepticism to discuss both his essay and crypto currency in general. What kind of future does crypto have? Is it merely a ponzi scheme for lunatics, a Chinese weapon against the FED, as described by Peter Thiel, or is it a fascinating technology which can wrestle away the state's control of the money supply? Why is money needed anyway (why not just barter?) and can money exist without the state controlling it? Why not go back to gold and silver? What are the strengths and weakness of crypto currency? All this and more is discussed in this episode of the Mindcrime Liberty Show with Swithun Dobson and Tim Patton.
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