How Milton Friedman Predicted Bitcoin In 1999

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Former Editorial Director at Entrepreneur Media
1 min read

Bitcoin is widely embraced by the libertarian community, mostly because the isn't tied to any single government, nor is it that heavily regulated. (Well, at least not yet. Give it time.)

So it shouldn't come as a surprise that the behind Bitcoin was endorsed years ago by , the shaman of modern free-market .

In a 1999 interview suddenly making the rounds on , Friedman talks about the then-nascent internet, saying he thinks it will be one of "the major forces reducing the role of government."

That remains to be seen, but he then mused over the idea of a web currency that sounds awfully familiar to today's beloved, misunderstood and evolving Bitcoin...

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