Digital Currency and the Future of the US Dollar

1min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

Digital currency can play a significant role in making a currency a reserve currency. The debate over whether the US dollar should remain the world's reserve currency involves considerations about who controls the digital currency - a private corporation on a crypto rail or the government on a state-controlled banking rail. The future of digital currencies in the US will likely be shaped by the November elections and the next administration. The identity of Satoshi, the creator of Bitcoin, is considered unimportant as it adds to the uniqueness of Bitcoin's conception. The classification of a crypto asset as a commodity means it is an asset without an issuer.

In this episode, recorded during the 2024 Abundance360 Summit, Peter and Michael discuss why Bitcoin will never fail, how to invest in Bitcoin, and the future of cryptocurrencies.

26:57 | Bitcoin: The Ultimate Store of Value
48:00 | Responsible Wealth Management Strategies
01:16:22 | Bitcoin Halving: What to Expect

Michael Saylor is an entrepreneur and business executive. He is the co-founder, former CEO, and executive chairman of MicroStrategy, a company that provides business intelligence, mobile software, and cloud-based services. MicroStrategy is the world's biggest publicly traded corporate owner of Bitcoin, with 214,246 BTC.

Learn more about MicroStrategy: https://www.microstrategy.com/

Learn more about Abundance360: https://www.abundance360.com/summit

____________

I only endorse products and services I personally use. To see what they are, please support this podcast by checking out our sponsors:

Get started with Fountain Life and become the CEO of your health: https://fountainlife.com/peter/

AI-powered precision diagnosis you NEED for a healthy gut: https://www.viome.com/peter

ProLon is the first Nutri-technology company to apply breakthrough science to optimize human longevity and optimize longevity and support a healthy life. Get started today with 15% off here: https://prolonlife.com/MOONSHOT

_____________

I send weekly emails with the latest insights and trends on today’s and tomorrow’s exponential technologies. Stay ahead of the curve, and sign up now: Tech Blog

Get my new Longevity Practices book for free: https://www.diamandis.com/longevity

My new book with Salim Ismail, Exponential Organizations 2.0: The New Playbook for 10x Growth and Impact, is now available on Amazon: https://bit.ly/3P3j54J

_____________

Connect With Peter: