Yuval Noah Harari, a contributor to the World Economic Forum's agenda, recently expressed controversial views on the role of Bitcoin and traditional banking systems. Harari criticized Bitcoin as a currency built on distrust of banks and governments, suggesting instead that allowing these institutions to create more money could foster greater trust in society. His comments have sparked debate, with some critics labeling his views as a revisionist take on financial history and an endorsement of central banks' power to generate unlimited currency.
"Give Central Banks the ability to create more money in order to increase trust" Nice try @BIS_org. @harari_yuval you should be ashamed of saying this nonsense. https://t.co/udYzpapNno
“What we have seen over the last centuries is that it's actually a good idea to give banks and governments the ability to create more and more money, in order to build more trust within society." -Yuval Noah Harari This is an absurd revision of history. This is why we #Bitcoin. https://t.co/eR1DKB3moV
The Bank for International Settlements, which works with central banks and their governments, platforms a historian to say that it’s good to let banks and governments create “more and more money”. Makes sense. https://t.co/DjWYwJ71Kj