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Bitcoin and the U.S. Fiscal Reckoning with Avik Roy (WiM126)
The "What is Money?" Show
Bit Coin
If a bitcoin continues to grow at the historical pace it has grown, then you get to a point in ten to 20 years where the market cap of all the bitcoin in the world is competitive with a government debt of every country. So i don't think that china is in a position to really to challenge the dollar as the world's reserve currency. But if the store of value for the world is bit coin and not us. Dollar denominated securities like treasury bonds, that is the revolution that will completely change the economy as we know it, everybody.
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