MacroVoices #343 Jeff Snider: Why the Dollar Remains King
Macro Voices
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The Task for Digital Currency Systems Is to Provide Liquidity, Predictably and in a Transparent Fashion
Jeffrey Toobin: We have a malfunctioning eurodola system that is ripe for the taking. He says digital currencies need to prove they can meet these functions of money and do so reliably, predictably and in a transparent fashion. Toobin: But there's going to be some natural tendency, or natural tension, with also trying to make it sellable to government officials. And i think it'll be a very interesting road to hoe when we get there.
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