"There's a Reason Government Doesn't Want Bitcoin Adoption…" (Lyn Alden)

In an interview with Simply Bitcoin, macro analysts Lyn Alden broke down why the government doesn’t want Bitcoin to become widely adopted and how Bitcoin can disrupt the power structure. Alden explained that because the current system has no transparency, governments can run at a deficit without most understanding what’s going on, print the difference, and leave us footing the bill via taxes. This lack of transparency and broadening of the currency clearly devalues the savings of the general population on a year-to-year basis, but Alden argues it’s deeper than that. Alden believes, if there was more transparency in the monetary system, wars would happen less, the legislation would change, and fiscal responsibility would change. Governments wouldn’t be so eager to spend, knowing there are checks and balances to their spending. In Alden’s view, the transparency of Bitcoin, and the scarcity of Bitcoin (if adopted at a large scale) can be the great equalizer for the people.

Lyn Alden is a renown macro analysts. Lyn has a bachelor’s degree in electrical engineering and a master’s degree in engineering management, with a focus on engineering economics and financial modeling. Using her work as an electrical engineer at an aviation facility, and over the course of a decade, Lyn worked her way up from being an intern to being the lead engineer and running the day-to-day operations and finances of the facility, before retiring early at age 33 with financial independence. Lyn Alden has been featured in numerous publications, including but no limited to; Wall Street Journal, Business Insider, Marketwatch, Time’s Money Magazine, The Daily Telegraph, The Philadelphia Inquirer, The Street, CNBC, US News and World Report, Kiplinger, the Asia Times, the Huffington Post, and other media. Lyn has also appeared on Kitco, Real Vision, The Investor’s Podcast Network, The Rebel Capitalist Show, Macro Voices, The Market Huddle, What Bitcoin Did, and many other shows and podcasts.
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