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MacroVoices #322 Josh Crumb: The Future of Decentralized Finance

Macro Voices

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Is There a Space Race Between Government, Big Tech and Big Banking?

There's going to be a new space race where basically everybody's going to realize, holy crap. Whoever can come up with the digital currency system that's actually scalable enough will replace the united states dollar as the world's global reserve currency. The power associated with being in charge of that thing is going to be absolutely immense. But i think it's important to separate the technology of bit coin or or block chain from what we know as the technology of money itself. What currency is very different, right? Currency is a broad debt basenewas just moving around the ledger all the time and so you look at your sovereign bonds and so on.

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