Economist at Monash University: The future of cryptocurrency depends on the government ’s response to the current economic crisis

John Vaz, an economist and scholar at Monash University in Melbourne, said the future of Bitcoin and cryptocurrencies depends on the government's response to the current economic crisis. John also emphasized the importance of wider adoption and acceptance of cryptocurrencies. He compared the currency commodity role that Bitcoin might play in the context of the deepening economic crisis to cigarettes in prison.