5min chapter

The "What is Money?" Show cover image

WiM026 - Money Hierarchies with Nik Bhatia

The "What is Money?" Show

CHAPTER

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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