WiM026 - Money Hierarchies with Nik Bhatia
The "What is Money?" Show
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Do Central Bank Digital Currencies Really Reinvent Their Current Architecture?
Bit coin is a new parallel system within their system. It doesn't change the relationship between the second and the first layer. Treasuries are still the dominant reserve asset of the world, it's still dominant. And so that's why you see shares in apple might just be a much better long term store of value than us. dollar.
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