3min chapter

UpOnly: Chats with Crypto Experts cover image

Raoul Pal on the Inevitability of Crypto

UpOnly: Chats with Crypto Experts

CHAPTER

The Uro Is the Future, Not the Past, but the Future

The euro was a fractional version of the e r m exchange rate mechanism. Now, people hate the uro but candof works for a lot of countries. The bigger game to be played is the central bancatal currencies. This is the absolute game changer. It's interesting because it's already dolarizedis us? Not like they had their own ship coin that was getting tobe valued. So what was the real value here to get out of the dollar? Well, you don't want to have a 70 vol asset as your base layer. What you really need is its remittances.

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