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Understanding the Coming Currency Cold War

Nathaniel Whittemore
·1 min read

Will the future of currency be led by the U.S., China, Bitcoin, or some combination we can barely imagine today?

For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.

This episode is sponsored by Crypto.comBitstamp and Nexo.io.

Related: Bitcoin News Roundup for Sept. 28, 2020

This week’s Long Reads Sunday is a reading of “The Currency Cold War: Four Scenarios” by Jeff Wilser – part of CoinDesk’s Internet 2030 series. 

In it, Wilsner talks to experts about four scenarios:

  • A multi-currency scenario, where exchange is abstracted away via digital wallets

  • A China-led scenario

  • A U.S.-led scenario

  • A bitcoin/non-state currency-led scenario

In addition to reading, NLW gives his take on which scenario is most likely. 

See also: Sven Henrich on the Ever-Weakening Economic Cycle

Related: The 51% Attack Nightmare Scenario (Isn't That Bad)

For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.

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