Bitcoin allows the public to take control of our wealth and our money

The IPA s Gideon Rozner says Bitcoin is a fully decentralised form of currency that allows the public to take control of our wealth and our money in a way that has never been done in human history before. It s being adopted in places like El Salvador that lack banking infrastructure but it s also being adopted in countries with a history of unstable currencies like Nigeria, Venezuela, and Argentina, he said. So I suspect a lot of the developing world and the developed world for obvious reasons will use it as a hedge against inflation. The bottom line is, it s looking at a currency future without central banks, without institutional banks, without retail it is a very promising, empowering, and exciting