RATE Group | Kingdom Trust CEO Says Bitcoin Is Digital Manifestation of Austrian Economics
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Kingdom Trust CEO Says Bitcoin Is Digital Manifestation of Austrian Economics

01 Jun Kingdom Trust CEO Says Bitcoin Is Digital Manifestation of Austrian Economics

Posted at 13:12h in Bitcoin News by

The chief executive of crypto-friendly $13 billion custodian Kingdom Trust, Ryan Radloff, sees Bitcoin (BTC) as a manifestation of Austrian economics.

In an interview with Cointelegraph, Radloff said that he first encountered Bitcoin toward the end of 2011, adding that he began “hodling and accumulating shortly after.”

Bitcoin as Austrian Economics

Unlike many early adopters, Radloff stated that it wasn’t the technology underpinning Bitcoin that attracted him to crypto, rather the economic principles that the nascent cryptocurrency embodied.

“For me, what drove to Bitcoin wasn’t the technology at all. […] I had been a student of monetary policy, specifically the Japanese yen. As I started really understanding the construct of how money works, Bitcoin’s monetary supply — the quantitative hardening that it goes through every few years — was my eureka moment more than the blockchain technology element of it,” he said.

“Obviously I love the tech side and I think that…

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