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?

CoinDesk Insights
Sep 27, 2020 at 1:00 p.m. UTC
Updated 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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