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Death of the USD?! News of the Money-World Ep 64

NZ Everyday Investor

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The Future of the World Reserve Currency

Technology is improving and we have China with their CBDC. That will affect the future effectively, meaning it's programmable money. But if you've got a US Fed issue, stablecoin, then I think that gets fascinating too. Because of it's done through an anonymous blockchain where people are just transacting US dollars. Anyone can turn up to the Fed and go, hey, here are my $60 billion worth of US dollar stablecoins. Can you please give me $60 billion in my real bank account? It's logically where this is going to land as well.

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