March 1, 2024


This is an opinion editorial by Nozomi Hayase Ph.D., who has a background in psychology and human development.

The 2008 financial meltdown, with subsequent bank bailouts and a cycle of austerity, led to the weakening of the public’s trust in governments and institutions. Bitcoin emerged as a response to this global crisis of legitimacy.

Now, more than a decade later, the economic damage created by the pandemic has triggered a further breakdown of the system. As the Federal Reserve’s infinite money printing creates high inflation, Bitcoin steadily increases its popularity as a safe haven.





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