3min chapter

Forward Guidance cover image

The Sovereign Debt Spiral | James Lavish

Forward Guidance

CHAPTER

The Reality of Bitcoin

I think that a lot of jaw boning the dollar up, I don't think they really have to. When American dollar interest rates are at 5.5% and Chinese interest rates are 2%. I mean, it's an uphill battle for the Asian countries, Japan. Exactly. So in the gold standard, Sterling was pegged to gold. Other currencies pegged to gold when the effect meant that they were all pegged to each other. Is currency is going to be fixed to Bitcoin as well? Are they fixed to the amount of Bitcoin fixed to the dollar price of Bitcoin?

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