Rabbit Hole Recap #246: Time is Scarce
Rabbit Hole Recap
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The Future of the Dollar
I don't think these countries may be playing nice now, but their ability to play nice in the long run is probably not as rosy as many people believe it to be. I kind of still think that maybe they come out with some kind of multinational commodity backed currency, backed by gold or other commodities. Either way, and either whether they stick with the yuan for a little bit or they switch to some kind of commodity backed currencies, that trust is going to break down. That trust will break down and then they'll be left with Bitcoin as the option,. And that's kind of the path I expected to take.
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