Renowned historian Yuval Noah Harari recently voiced scepticism about Bitcoin (CRYPTO:BTC) during the BIS Innovation Summit 2024, labeling it as a "currency of distrust."

Harari highlighted Bitcoin's foundational premise of circumventing centralised control, citing it as a source of concern due to its erosion of trust in traditional financial institutions.

His critique extends to broader concerns about the implications of artificial intelligence on humanity and global civilisation, emphasising the unprecedented nature of AI development.

While uncertain about the future of electronic currency, Harari advocates for a monetary system grounded in greater trust rather than distrust, sparking debate within the cryptocurrency community and highlighting fundamental questions about trust in financial systems.