Reddit cofounder: Cryptocurrency is a fuel for a potentially new internet

posted 10 months ago
Appearing as a guest on the Late Show with Stephen Colbert on Tuesday, Alexis Ohanian, founder of the social media giant Reddit said digital currencies are a "Fuel for a potentially new internet... A store of value not backed by a single country... In so many states, there are uncertainties about government and money, and people see their life savings disappear. There's a very real value to having a currency that - as volatile as things like Bitcoin are - are still potentially less volatile than some of the states that see hyper inflation," Ohanian said, adding:

"For so many people in the world to have that security of knowing what's yours is yours - because it is now digital, it can be transferred with you wherever you are going - is actually pretty empowering."
Tags: opinion, bitcoin