Will Luther and Josh Hendrickson on the Future of Bitcoin
Macro Musings with David Beckworth
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Bitcoin's Challenge to U.S. Financial Hegemony
This chapter examines the implications of Bitcoin's rise on U.S. control of global payment systems and dollar dominance, especially in the context of sanctions. The discussion includes strategic government responses and the feasibility of enforcing sanctions on Bitcoin, while highlighting the uneven global mining landscape.
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