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#26: Erik Townsend On The Intersection Of Distributed Ledger Technology And Global Macro Investing

Superinvestors and the Art of Worldly Wisdom

CHAPTER

The Future of Cryptocurrency

There is no government that has sanctioned Bitcoin as their official currency. The world is slowly waking up to just how screwed up this whole fiat currency system is, says Jesse Cohn. If somebody creates an international digital sovereign bank, let's say it's headquartered in Switzerland, you're going to see a seniorage profit of 60% immediately on these digital tokens and we're going to create a new digital currency system," he adds.

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