SOB: Where Does Bitcoin Fit in the Global Reserve Currency Game?
CoinDesk Podcast Network
CoinDesk
4.7 • 698 Ratings
🗓️ 17 October 2020
⏱️ 38 minutes
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| 0:49.3 | This is a signal that the world is anticipating the end of the reserve currency era and trying to find |
| 0:58.6 | all possible options to hedge against the risk and the turmoil that will be created in global |
| 1:04.0 | trading as it becomes more and more difficult to continue to use the US dollar because of the |
| 1:09.6 | way the US government has exercised its power there. |
| 1:16.5 | Hey folks, on today's episode we'll be discussing a simple but critically important topic. |
| 1:21.4 | In the beginning, way back in 2009, there were traditional currencies like the dollar, |
| 1:25.5 | alternative or community currencies like Ithaca ours, and just one cryptocurrency, Bitcoin. |
| 1:31.6 | But what a difference a decade can make? |
| 1:33.8 | Today there are thousands of cryptocurrencies, many created by enthusiasts who have ideas |
| 1:38.0 | on how to make something even better than Bitcoin. |
| 1:40.4 | But also currencies that use some of the technology that makes Bitcoin so powerful, |
| 1:45.3 | but pair it with the authority of a national government, like the digital yuan in China, or even a globe-spanning |
... |
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