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23min chapter
US Dollar Endgame: Hyperinflation Is Coming with Peruvian Bull (WiM492)
The "What is Money?" Show
Transitioning to a New Global Reserve Currency: Bitcoin as a Contender
The chapter explores potential scenarios for the US dollar losing its status as the global reserve currency, discussing historical transitions between reserve currencies. It delves into the idea of establishing a new global reserve currency, highlighting reasons why countries like China and Russia may not be strong contenders. The conversation focuses on Bitcoin as a potential solution to the current centralization and manipulation issues in traditional monetary systems, pointing out its advantages over gold and its decentralized nature.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode