“I think the internet is going to be one of the major forces for reducing the role of government. The one thing that’s missing but that will soon be developed, is a reliable e-cash.”

- Milton Friedman in 1990

We did it, Milton.

#Bitcoin

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contrast this with this gem from Paul Krugman from 1998:

»By 2005 or so, it will become clear that the Internet’s impact on the economy has been no greater than the fax machine's.«

🔥🤝