The Daily Hodl
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
  • EMAIL ALERTS
  • DAILY HODL MIX
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
  • EMAIL ALERTS
  • DAILY HODL MIX
No Result
View All Result
The Daily Hodl
No Result
View All Result

CNN Report: Crypto Expert Says Bitcoin Is the ‘Hardest Money in Human History’

by Daily Hodl Staff
September 18, 2019
in Bitcoin

Crypto investor Travis Kling is calling out central bankers and detailing why he believes today’s fiscal policies will dig deeper holes into the current global monetary system.

Appearing on CNN, the founder and chief investment officer of Ikigai Asset Management, a Los Angeles-based crypto hedge fund, says Bitcoin represents revolutionary concept after revolutionary concept. And while it’s difficult to understand, Kling says it’s more needed with each passing day.

“Collectively, over about 500 hours of self-study in the summer of 2017, [I] convinced myself that this technology was going to be the most important innovation since the internet, the first time around, and as such was likely to be the most significant investment opportunity of a generation.”

Kling says the time is now and that a confluence of circumstances is underscoring Bitcoin’s strengths as a highly disruptive force on the global stage.

[the_ad id=”36860″]

“So now is an incredibly interesting time from a global macro perspective. And it also is – to borrow a phrase from the Old Testament – it appears that crypto has been created for such a time as this, with what we have with monetary and fiscal policies from central banks and governments. Big tech overreach, government overreach – in general, data privacy issues that are coming to the front and center of the sort of collective consciousness.

And specifically with Bitcoin – and maybe we can put Bitcoin in one bucket, and put all the other crypto assets in a different bucket – Bitcoin has gone through a number of different identities or phases over its 10 1/2-year history, and I think part of the confusion that the average person has with understanding Bitcoin and other crypto assets is because of these evolutions of identities.

So just to be clear, Bitcoin is a non-sovereign, hard-cap supply, global, immutable, decentralized, digital store of value. That’s a lot of different adjectives but all of them are very important. What that leads us to is it is a hedge against monetary and fiscal irresponsibility from central banks and governments globally…

So the way that I think about it is, it’s apparent that major central banks are all racing to devalue their currency faster than everybody else. And if all these central banks are doing that at the same time, what are they devaluing against? They’re devaluing against things that have provable scarcity, and gold has provable scarcity. Bitcoin has even more provable scarcity than gold. In Austrian economics terms, it’s the hardest money in human history. 

[the_ad id=”36860″]

I understand that it’s not bite-sized for the average person to understand. You have to understand some amount of cryptography and computer science and game theory and sociology and governance and mechanisms. There’s a lot of things that you have to understand. But simplistically, it is an insurance policy against monetary and fiscal policy irresponsibility. And it’s apparent that the world needs that more today than they did yesterday, and they’re going to need it more tomorrow than they need it today based on what central banks and governments are doing.”

Must Watch! #Bitcoin #PerfectTiming

pic.twitter.com/JYd1peDmJD

— Chad M. Farrand (@ChadMFarrand) September 15, 2019

[the_ad id=”66406″]

[the_ad id="42537"] [the_ad id="42536"]
Check Latest News Headlines


 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Submit a Press Release

Industry Announcements

  • Tyrion Set To Decentralize the $377 Billion Digital Advertising Industry
    September 25, 2023
  • Hydranet Launches Layer Three Dex – A Game Changer for Trustless Cross-Chain Trading
    September 25, 2023
  • Ottochain Homage to EVMOS and Ethereum Layer Two
    September 21, 2023
  • Algorand Foundation Announces Build-a-Bull Hackathon in Collaboration With AWS
    September 20, 2023
  • OKX Achieves SOC 2 Type II Certification, Demonstrating Its Industry-Leading User Safety, Security and Compliance Standards
    September 20, 2023
  • Meme Fans Eye El Hippo (HIPP) As Floki Inu (FLOKI) Price Dips
    September 19, 2023
  • Dexalot Unveils SimpleSwap and SimpleView Features for Enhanced User Experience
    September 19, 2023
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$26,218.02
$26,218.02
0.13%
Ethereum
$1,594.24
$1,594.24
0.26%
Cardano
$0.244374
$0.244374
0.13%
XRP
$0.503633
$0.503633
0%
Dogecoin
$0.060377
$0.060377
0.12%

Spotlight

  • Bitcoin in ‘Calm Before the Storm’ As Bull Market Narratives Fail: Analyst Nicholas Merten
    September 20, 2023
  • Ethereum ICO Participant Moves $9,960,000 Worth of ETH to Crypto Exchange Kraken: On-Chain Data
    September 20, 2023
  • Analyst Will Clemente Says Setup for Bitcoin (BTC) Becoming ‘Increasingly Favorable’ – Here’s Why
    September 20, 2023
  • Former Deutsche Bank Executive Faces 30 Years in Prison for Crypto Fraud: DOJ
    September 20, 2023
DON'T MISS A BEAT
Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options
By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.
Featured Image: Shutterstock/Billion Photos

Covering the future of finance, including macro, bitcoin, ethereum, crypto, and web 3.

Categories

Bitcoin • Ethereum • Trading •
Ripple and XRP • Altcoins •
Blockchain • Regulators •
Scams • Crypto101 • HodlX •
Futuremash • Financeflux •
Industry Announcements

 

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT | ADVERTISE

JOIN US ON TELEGRAM

JOIN US ON TWITTER

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2023 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
  • EMAIL ALERTS
  • DAILY HODL MIX

© 2023 The Daily Hodl