Economic Turmoil and the rise of Bitcoin and Privacy Coins

Bitcoin was born out of a financial crisis.

For a lot of the people who weren’t there during the early days of bitcoin, it may not be as viscerally real to them why bitcoin created so many impassioned supporters, but Bitcoin was released when there was a huge amount of money being printed by the FED and corporations being bailed out. People were angry, and were so excited to see a money that couldn't be controlled by anyone.

Right now we're in the midst of another financial crisis, and newcomers are experiencing firsthand the conditions that led to the initial, massive grassroots movement around Bitcoin.

It's time for more people to rally around money that exists outside of traditional finance, and we need to rekindle the cypherpunk fervor about privacy, in particular private money. Money is being tracked more than ever before, and privacy plays a more crucial role in money than many realise.

I chatted to Grin developer David Burkett about the beginnings of MimbleWimble, how it compares to other privacy coins, and why private cash is an essential part of a free society.

I fund my channel entirely with community support. If you would like to become a member of NBTV, all the membership options are here:
Naomibrockwell.com/memberships

All cryptocurrency addresses and social media pages listed here:
https://cointr.ee/naomibrockwell

I also accept dirty fiat:
Patreon.com/NaomiBrockwell

Recommended Books:

Permanent Record - Edward Snowden
https://amzn.to/305negc

What has the government done to our money - Rothbard
https://amzn.to/2KMzmcu

Naomi's Privacy Bag: some of my favorite products to help protect your privacy!

Use the Brave browser! https://brave.com/nao076

USB-C to ethernet adapter:
https://amzn.to/2lOVBoy

Lightening to ethernet adapter:
https://amzn.to/2nWyNns

Faraday bag wallet (signal stopping, to protect your fob, credit card, and phone)
https://amzn.to/2SUkPhu

Data Blocker (if you're charging your phone in an unknown port, use this so that no data is transferred)
https://amzn.to/2SVh0J2

Computer privacy screen (use your computer in public? Keep your information safe!)
https://amzn.to/2SXYHmf

Phone privacy screen (don't let people in public see your private data)
https://amzn.to/2YyJMnH

Camera cover (for computers and phones, so no one can access your camera without you knowing)
https://amzn.to/2Mt7Hic

Privacy Tip: Don't use wifi, and if you must, append the tag ‘_nomap’ or ‘_optout’ to your SSID to stop other websites tracking your location.