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Is Bitcoin a Good Indicator of Instability?
Matt Welch: I see these different indicators of stress in the global system, not just in the monetary system but in the global geopolitical order. And what happens to Bitcoin is indicative or you're sort of looking at using it as a measure potentially of these stresses that are really hard to get a handle on," he says. Welch: The United States and neoliberal kind of globalization is reaching what we think of as this potential instability point.