The Italian government is currently making a decision to issue a ‘parallel currency’. This is in a move that could see the eurozone crash into a crisis. For Bitcoin, this could see mainstream adoption.
On top of this, the Italian deputy minister proposed a tax grab on cash and valuables stored in safety deposit boxes.
These crisis policies show some pretty intense holes in the fiat monetary system. A move which pushed Rebecca L. Spang (currency historian) to call for a new foundation of money.
“The time has come for a new, more equitable, version of money.”
Whereas cryptocurrency wasn’t specifically mentioned by the historian, the crisis in Italy does build up a big argument for Bitcoin and the gang.
You see Spang’s tweet below. Sounds like Bitcoin would be…