Published On: Mon, May 15th, 2017

Antonopoulos On Trust: Fake News ‘Is About To Happen To Money’

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Andreas Antonopoulos has predicted that the world’s money supply will suffer the fate of information in the fake news era.
Money To Get Its Fake News Moment
In a talk originally held April 11 but republished Saturday, Antonopoulos said that in light of the multiple currency failures seen in recent times, consumers no longer know what gives cash in their pockets value. During the discussion Antonopoulos commented:

What’s really interesting is what just happened in [the] news that has left an entire generation of people now unable to discern truth from fiction, easily manipulated through propaganda […] What I’m going to suggest today is this is about to happen to money.
Just like the information consumer watching television or reading news sources online, the debate about whom to trust and whether the reputation of a source means that source can be considered reliable is now transferring to the financial sector.
…And Bitcoin Is Already On Consumers’ Radar
Antonopoulos highlights the currency failures in countries including Zimbabwe, Venezuela, and Ukraine as prime examples of central banks failing to uphold the promise that cash will be worth approximately the same tomorrow as today.
One …

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