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24 - Exploring the Frontier | Erik Voorhees

Bankless

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The Future of Fiat: Cryptocurrencies as Alternatives

This chapter explores the looming challenges facing fiat currency, driven largely by national debt levels, and the potential rise of cryptocurrencies like Bitcoin and Ethereum as alternatives. It examines the need for scalable crypto solutions amid concerns over government regulation and the centralization of financial systems. Ultimately, it emphasizes the importance of embracing diverse crypto projects to create a resilient and inclusive financial ecosystem.

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