#5 Monday Night Konsensus: What will cryptocurrencies do to banks?
Konsensus Network
Max Hillebrand (Deutsche Bank, Austrian economist) and Sami Miettinen (Euro reformist) debate cryptocurrency replacing bank intermediation. Core thesis: Bitcoin's fixed supply solves financial censorship/exclusion (4B unbanked) via decentralized consensus; Austrian School economics explains this, Keynesianism cannot. Banks persist in custody/wealth management but lose payments/settlement. Disagree

https://relay.towardsliberty.com/5873a37f4f652fa6ddcb65e8024de8baea8d596689f0f2147fcf31c2c85d32f9.mp4