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 crypto.com, BitStamp, and nexo.io, and produced and distributed by CoinDes.

What's going on, guys? It is Sunday, September 27th, and that means it's time for long reads Sunday.

One of the most interesting macro conversations to me is the battle for the future world reserve currency. Right now, it is

definitively the U.S. dollar that is the world's default reserve currency, and it's been that way

for decades upon decades. However, you have new contenders. Certainly many transactions are

denominated and carried out in the euro, but that's not

really what I'm talking about. When I think about this battle, what I'm looking at is the digital

yuan, for example, which the People's Bank of China has identified as designed to help reduce

USD dominance. I also look at things like Libra, or more specifically perhaps,

the idea of private monies that it introduces. And of course, I look at Bitcoin, this decentralized

network-based money that isn't under the control of any one country or company.

CoinDesk has been hosting a series they're calling Internet 2030 that zooms out a decade and

looks back to see what the future might hold for crypto and digital currencies and finance

as a whole.

Jeff Wilser wrote a piece that I'm going to read for you now called The Currency Cold War,

Four Scenarios.

The year is 2030, and you need to buy some new sunglasses. You browse through your options online.

You use augmented reality to try on a few pairs, you find one you like, and now it's time to pay.

You have 17 options for payment, including the digital US dollar, but you'd rather not support the U.S. government and President Ivanka Trump, so you decide digital U.S. dollar, but you'd rather not support the

U.S. government and President Ivanka Trump, so you decide against U.S.D. Facebook Libra, but you have

...