Philosopher and professor of psychology at the University of Toronto, Jordan Peterson, at the Bitcoin 2022 conference in Miami, called the first cryptocurrency revolutionary, but causing concern. This is reported The Block.
“The idea of a decentralized monetary system is a revolutionary idea. The more I think about it, the more I get worried,” he said.
As a sociologist, Peterson worries about getting money out of the control of the political system. According to him, new ideas can bring unforeseen consequences, not only positive ones.
“We have no idea what would happen if money became truly decentralized. If we manage this, let’s say bitcoin gets the upper hand. Is it irreversible? Is it forever?” Peterson explained.
The philosopher said that he does not criticize digital gold and is not pessimistic about it, but rather cautious.
“I am not suggesting that you do anything as a result of this warning. I’m just saying that the unbridled enthusiasm is based on the assumption that the new system will only do good. It’s unreasonable,” Peterson said.
During a speech at the same conference, PayPal co-founder Peter Thiel listed Bitcoin’s biggest enemies and called legendary investor Warren Buffett a “sociopathic grandfather.”
During the event, the founder of Galaxy Digital, Mike Novogratz, called the condition for the further growth of the first cryptocurrency. In his opinion, the asset will “take off” as soon as Fed take a break in tightening monetary policy.
Recall that in November 2021, Peterson said that he bought “some more bitcoin” after talking with economist Saifedin Ammous on his podcast.
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Philosopher and professor of psychology at the University of Toronto, Jordan Peterson, at the Bitcoin 2022 conference in Miami, called the first cryptocurrency revolutionary, but causing concern. This is reported The Block.
“The idea of a decentralized monetary system is a revolutionary idea. The more I think about it, the more I get worried,” he said.
As a sociologist, Peterson worries about getting money out of the control of the political system. According to him, new ideas can bring unforeseen consequences, not only positive ones.
“We have no idea what would happen if money became truly decentralized. If we manage this, let’s say bitcoin gets the upper hand. Is it irreversible? Is it forever?” Peterson explained.
The philosopher said that he does not criticize digital gold and is not pessimistic about it, but rather cautious.
“I am not suggesting that you do anything as a result of this warning. I’m just saying that the unbridled enthusiasm is based on the assumption that the new system will only do good. It’s unreasonable,” Peterson said.
During a speech at the same conference, PayPal co-founder Peter Thiel listed Bitcoin’s biggest enemies and called legendary investor Warren Buffett a “sociopathic grandfather.”
During the event, the founder of Galaxy Digital, Mike Novogratz, called the condition for the further growth of the first cryptocurrency. In his opinion, the asset will “take off” as soon as Fed take a break in tightening monetary policy.
Recall that in November 2021, Peterson said that he bought “some more bitcoin” after talking with economist Saifedin Ammous on his podcast.
Subscribe to Cryplogger news in Telegram: Cryplogger Feed – the entire news feed, Cryplogger — the most important news, infographics and opinions.
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