To bring you the best content on our sites and applications, Meredith partners with third party advertisers to serve digital bitcoin 280×280, including personalized digital ads. Those advertisers use tracking technologies to collect information about your activity on our sites and applications and across the Internet and your other apps and devices. Digital crypto-currencies like Bitcoin were predicted 18 years ago, an interview from 1999 has revealed.
Nobel Prize winning economist Milton Friedman envisaged a future where electronic money would be used to make transactions between anonymous parties online. The renowned economist made the claims during an interview filmed by the National Taxpayers Union Foundation. MILTON FRIEDMAN Milton Friedman was one of the most influential economists of the 20th century. He headed the Chicago School of Economics, a group of economic thinkers associated with the work of the faculty at the University of Chicago.
He was a strong advocate of economic liberty, free markets and free enterprise, and opposed the interventionist Keynesian economic policies of the US government in the 1960s. He received a Nobel Prize in Economic Sciences in 1976 for his work. He died on November 16, 2006, three years before Bitcoin’s release in 2009. Footage of the conversation has re-emerged periodically on the internet ever since and has recently been shared widely again. Bitcoin was launched in 2009 by a person or group of people operating under the name Satoshi Nakamoto and then adopted by a small clutch of enthusiasts. As the market matured, the value of each Bitcoin grew.