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Podcast: NBTV: Your Money, Your Data, Your Life
Episode: Will bitcoin save us from economic disaster?
Description: International Monetary Fund Managing Director Christine Lagarde said Wednesday that “disruptors” are having a clear impact on the banking sector, and cryptocurrencies are "shaking the system".The former Chief Economist of the Swiss National Bank Kurt Schiltknecht openly criticizes current monetary policy and the normalisation of negative interest rates in a major weekly newspaper, and says that cryptocurrencies are a possible solution for the economy.Chris Karabats are I discuss the economic effects of negative interest rates, and how Cryptocurrency might save us from an upcoming economic collapse.Huge thank you to Simon Lutz for translating a summary of the news...