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The US is Risking Stagflation | Mohamed El-Erian

Forward Guidance

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Bitcoin's Future Role

  • Bitcoin is finding its identity somewhere between liquid gold and another asset.
  • It will play a notable role in payment systems and see deeper adoption by institutions.
  • Widespread adoption will continue, with regulatory harmonization being a key factor.
  • Bitcoin is unlikely to fully replace the dollar as the world currency but will be part of a more fragmented system.
  • National and international regulations are the primary uncertainties surrounding its future.
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