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Understanding the Coming Currency Cold War

Understanding the Coming Currency Cold War

Understanding the Coming Currency Cold War

Will the future of currency be led by the U.S., China, Bitcoin or some combination we can barely imagine today?

Will the future of currency be led by the U.S., China, Bitcoin or some combination we can barely imagine today?

Will the future of currency be led by the U.S., China, Bitcoin or some combination we can barely imagine today?

AccessTimeIconSep 27, 2020, 1:00 PM
Updated Aug 19, 2021, 4:35 AM

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Will the future of currency be led by the U.S., China, Bitcoin or some combination we can barely imagine today?

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This episode is sponsored by Crypto.comBitstamp and Nexo.io.

This week’s Long Reads Sunday is a reading of “The Currency Cold War: Four Scenarios” by Jeff Wilser – part of CoinDesk’s Internet 2030 series. 

In it, Wilsner talks to experts about four scenarios:

  • A multi-currency scenario, where exchange is abstracted away via digital wallets
  • A China-led scenario
  • A U.S.-led scenario
  • A bitcoin/non-state currency-led scenario

In addition to reading, NLW gives his take on which scenario is most likely. 

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Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.


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