Macro Hang #5 w/ Jeff Booth, Preston Pysh & Greg Foss
Bitcoin Rapid-Fire
00:00
The Path That Allows the Us Dollar Global Reserve Currency to Survive
The country of Canada is less important to the global economy than the state of California. Canada will fail 10 years before the United States fails. The US dollar will still be the global reserve currency, but the global reserve asset will become Bitcoin. Canada should start saving in Bitcoin and pricing natural gas and resources in Bitcoin to hedge against the US dollar. The US dollar is the biggest fiat cockroach and will live the longest, but it will fail if it doesn't adopt Bitcoin. Currencies are good at certain things, but not at storing value. There is a path that allows the US dollar global reserve currency to survive, but the situation is more complex than it seems.
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