12 min listen
Narrative Watch: The Game of Coins & The Battle Over The Global Reserve Currency
FromThe Breakdown
ratings:
Length:
14 minutes
Released:
Aug 26, 2019
Format:
Podcast episode
Description
In the game of coins, you [replace the USD as the world's reserve currency or at least shore up your sovereign currency's position in the new global mix] or you die. Over the last few months, we've seen China accelerate work on its digital currency; Binance launch Venus, a regional alternative to Libra; Tether (reportedly) working on a China yuan pegged stablecoin; and now, one of the world's best known central bankers has proposed a "synthetic hegemonic currency" to replace the USD as the world's global reserve currency. What does it all mean? Watch: https://www.youtube.com/nathanielwhittemorecrypto
Released:
Aug 26, 2019
Format:
Podcast episode
Titles in the series (100)
Crypto Daily 3@3 - 7.18 | Libra Aftermath - G7, China, and Dalio's dystopia: Libra was a hotbutton issue at the G7 meetings - maybe the one thing they agreed on. Meanwhile, the project made news in China as Facebook's David Marcus revealed explicitly that it saw Alipay and Wechat as competitors. Meanwhile, the crypto community... by The Breakdown