Gary North on The Establishment’s Case for Bitcoins

Gary North writes:

The headline caught my attention: EY: ‘Bitcoin has the potential to be a game-changer’. So did the subhead: Big Four accountant EY shares insights into the digital currency its says could be a ‘game changer’ EY is a British accounting firm. 

How, I thought, can Bitcoin become a winner? It‘s a loser from the point of view of privacy. Paper money is much better. But Americans don’t use paper money. They don’t care about privacy. So, why buy Bitcoins as currency?

The full article is here.