The time is long overdue for citizens to start playing a more direct role in these two important functions of monetary policy.
Bitcoin also provides a convenient method for holders of this currency to lower the taxes that they are forced to pay in order to fund all of the waste and corruption not only within the federal reserve banking system, which is a revolving door that connects to Wall Street, but in other government agencies as well.
Stiglitz, who has spent most of his career living on a form of UBI courtesy of the parents who are desperate for their kids to attend Ivy League schools, is not very credible as a result on the topic of who exactly US monetary policy is intended to benefit: Wall Street fat cats sporting Ivy League degrees (enabled by their heavily lobbied allies in government like Chuck Schumer) or the Main Street average joe?