Alexandre Laizet on The French Debt Crisis: "Europe is in Need of Bitcoin"
France is at 120% debt to GDP, and Alexandre Laizet says the problem isn't the debt, it's that the proceeds are spent and not invested. The Capital B executive explains why Europe's debt crisis and monetary debasement make the case for Bitcoin, and why France's capital markets are suited to a Bitcoin treasury…
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Bitcoin
The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.
Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.
More about BitcoinGross domestic product
The total value of all goods and services produced in a country over a period, used as the main measure of the size of an economy.
GDP growth shows whether an economy is expanding or shrinking and guides decisions by governments and investors.
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