
164. Is the world de-dollarizing? With Peter St. Onge
The Bitcoin Standard Podcast
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The Impediment to Moving to a Gold Standard
If you don't have an international gold-based monetary order, it's complete fiction to imagine that you could just build an alternative to the dollar. The best case scenario is China goes to all those countries and says "How about you use the U one instead"? And that's not, that's not an attractive proposition. If they got a lot of help from the US, if the US were irresponsible and as stupid as it's been, then, you know, it'd be expensive. But I think that's doable for China without having to go to the gold backing router or something like that.
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