5min chapter

Forward Guidance cover image

The Sovereign Debt Spiral | James Lavish

Forward Guidance

CHAPTER

The Future of Bitcoin

The Bitcoin network is not made for quick transactions. But you can build on top of it, and we're seeing that happen with the Lightning network. The BRICS nations are trying to avoid having to hold US treasuries in order to make trades in very important commodities like oil and gas. They don't want to settle those in dollars anymore; they want to settle them in a different currency. That's going to be on top of this, and you can have your Bitcoin or you know, it'll be that digital gold, but in a much, much stronger form of it.

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