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MacroVoices #398 Lyn Alden: Broken Money

Macro Voices

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Bitcoin, Central Bank Digital Currencies, and Stablecoins: Breaking Down Financial Barriers

Canada's main opposition supports Bitcoin, while countries like Dubai and Singapore create friendly environments for financial innovation. Central bank digital currencies, decentralized cryptocurrencies like Bitcoin, and stablecoins are all shaping the global financial landscape. Stablecoins offer a way for weaker jurisdictions to access assets without government restrictions. These technologies break down the financial barriers imposed by currency bubbles, allowing for easier cross-border transactions and financial mobility.

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