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#26: Erik Townsend On The Intersection Of Distributed Ledger Technology And Global Macro Investing

Superinvestors and the Art of Worldly Wisdom

CHAPTER

The Future of Cryptocurrency

Eric Townsend recently published a book about the future of digital currency. In it, he explains why cryptocurrency is not going to replace government-issued money. He says governments will eventually have to stop people from coining their own money. The invention of distributed ledger and double spend proof digital cash really does have incredible amounts of potential,. Eventually, governments are going to wake up and recognize that. And we'll see government backed digital currencies.

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