Welcome back to The Breakdown with me, NLW.

It's a daily podcast on macro, Bitcoin, and the big picture power shifts remaking our world.

The breakdown is sponsored by Nidig and produced and distributed by CoinDesk.

What's going on, guys? It is Friday, December 3rd, and today we are doing a little something different.

This past week has been the Future of Money Week on CoinDesk.

And one of the articles that they put together was 20 predictions about the future of money from

a number of interesting folks in the crypto space. What I'm going to do is go through each of

these 20 predictions, and if they're short, I'll read them in their entirety. If they're long,

I might summarize. But either way, I'll give you the perspective of the special guest,

and then I'll give my take, whether I agree,

disagree, or I'm not sure. Number one comes from Hussib Koreshi, a managing partner at Dragonfly

Capital. His prediction is stable coins replace dollarization. Quote, in the old days, countries whose

currency collapsed would dollarize, They'd import dollar bills and start

using them as money. Ten years from now, that will be a relic. Countries will dollarize using

permissionless stable coins, and central banks around the world will ultimately fear

crypto-dollarization as a check against runaway inflation. I think this process has already

started, and I don't think it's just going to be a dollarization. I think

stable coins, whether they be CBDCs that are issued by specific central banks or non-state

alternatives will be in a mass global competition for the affiliation of jurisdictions that don't

feel like they have the power to actually issue their own currency in a way that's

particularly effective. Number two comes from Hasu, and is that crypto and fiat will coexist.

Crypto and top fiat currencies continue to coexist. We might see a consolidation in smaller

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