The post Lawrence Lepard says Bitcoin will defund the government and make it harder to conduct war appeared on BitcoinEthereumNews.com.

Lawrence Lepard, an investment manager and Austrian economist, said that Bitcoin will defund the government and make it impossible to start wars. According to independent researchers, governments fund wars through inflation. Lawrence Lepard, an Australian economist, recently appeared in a podcast with Bitcoin enthusiast Robin Seyr. The economist said that the collapse of the US dollar is inevitable and explained why Bitcoin is the best tool for investors to protect themselves against the looming financial crisis after the crash. Lepard says Bitcoin will end governments’ ability to go to war Lawrence Lepard says “Bitcoin will defund government and therefore make it much harder to conduct war.” pic.twitter.com/PVQsfFaFQ9 — Simply Bitcoin (@SimplyBitcoinTV) November 12, 2024 During the episode, Lepard said BTC will make it impossible for governments worldwide to start wars through its hedging characteristics against inflation. Lepard highlighted that governments derive the funds to start wars from inflation.  He emphasized that without inflation, these governments would not have the funds to go to war. Lepard said that the greatest crime of the fiat currency era is the way it has allowed big corrupt governments to start wars that lead to loss of lives. During the podcast, the independent researcher mentioned that inflation is driving investments to assets that cannot be printed. According to Lepard, the three unprintable assets are gold, silver, and BTC. The researcher also mentioned that gold is the “analog sound money” while BTC is the “digital sound money.” Lepard said that the central banks will never stop printing fiat, and Bitcoin’s long-term sentiment is bullish. The economist also said he is so bullish on Bitcoin because he does not see any evidence that the asset may slow down. He also emphasized that Bitcoin is going to demonetize gold in the future.  Lawrence Lepard supported Michael Saylor’s claim…

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Filed under: News - @ November 12, 2024 7:23 am