Milton Friedman Prediction of bitcoin in 1999!!!!

in bitcoin •  7 years ago  (edited)


Milton Friedman (/July 31, 1912 – November 16, 2006) was an American economist who received the 1976 Nobel Memorial Prize in Economic Sciences for his research on consumption analysis, monetaryhistory and theory, and the complexity of stabilization policy with George Stigler and others, Friedman was among the intellectual leaders of the second generation of Chicago price theory, a methodological movement at the University of Chicago's Department of Economics, Law School, and Graduate School of Business from the 1940s onward. Several students and young professors that were recruited or mentored by Friedman at Chicago went on to become leading economists.


"The one thing that's missing, but that will soon be developed, it's a reliable e-cash. A method where buying on the internet you can transfer funds from A to B, without A knowing B or B knowing A. The way in wich I can take a 20 dollar bill and hand it over to you and there's no record of where it came from. And you may get that without knowing who I am. That kind of thing will develop on the Internet."


Cryptocurrency example:
BTC; ETHEREUM;LITECOIN;RIPPLE;MONERO;DASH;ZCASH;GOLEM;SIACOIN;DOGECOIN;NEO;STRATIS;VERGE;WAVES;LISK;BITSHARES:NEM:LBRY CREDITS;STEEM;PIVX;NXT;DIGIBYTE;BYTECOIN;REDDCOIN;SYSCOIN;STORJCOIN;VERTCOIN;BURST;BITBAY;OMISEGO;STORJCOIN;OKCASH;ZCLASSIC;HTMLCOIN;E-CURRENCYCOIN;ARCTICCOIN;DEVERY;VERGE;XRP


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