Modern Monetary Theory Versus Bitcoin

A future Great Monetary Divergence

Mike Co
6 min readApr 4, 2019

Today there are two powerful economic theories emerging: Modern Monetary Theory and Bitcoin.

While the core political conversation is still shackled to the rudimentary yet perpetual debate of Left vs. Right economics:

Two emerging and extreme theories are reframing the existing economic conversation as we know it. Modern Monetary Theory is the thesis and Bitcoin is the antithesis. However, both Bitcoin and MMT are united in their dedication to evolving the conversation beyond the intellectual prison of traditional liberal vs. conservative economics.

As discontent with the current political economy grows, the extremities grow heavier, threatening to break or change the framework as we know it. And as with any topic in the Modern Age, both topics are prone to high degrees of speculation, distortion, and mass confusion. Resulting infamy and hatred by any external political tribe goes on to feed that topic’s popularity and therefore power.

--

--