In one tweet, he provided a link to an article in Project Syndicate on the unhygienic nature of coins and banknotes. Chinese authorities disinfect and destroy fiat with traces of COVID-19. The Fed introduced a quarantine for cash dollars from Asia and Europe as a precautionary measure for ten days.
In a second tweet, CEO Coinbase talked about the risks of inflation, hinting at unprecedented measures by leading central banks to prevent further market collapse.
“The time has come for the world to receive a global payment system based on hard currency,” Armstrong wrote.
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