Understanding the Coming Currency Cold War

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

Sep 27, 2020 at 1:00 p.m. UTCUpdated Sep 14, 2021 at 10:01 a.m. UTC
Sep 27, 2020 at 1:00 p.m. UTCUpdated Sep 14, 2021 at 10:01 a.m. UTC

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

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

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. 

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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