Cryptocurrency, using blockchain technology, materialized largely because of a desire for economic freedom from traditional banking and a more efficient peer-to-peer exchange of value. The 2008 economic recession highlighted banking’s instability, spawning much discussion about “sound money” over the ensuing 13+ years since. Dr. Stephen Barrows, from The Acton Institute, will present “Sound Money and Society: Could Cryptocurrency Make a Difference?” at the Catholic/Crypto Conference 2022. In this conference preview, we learn about the Church’s position on economic systems, why weak monetary systems disproportionately hurt the poor, and how sound money strengthens culture, society, and human flourishing.
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