The place does Bitcoin match into the International Reserve Foreign money Recreation?
In this episode “Apropos Bitcoin”, hosts Adam B. Levine, Andreas M. Antonopoulos, Stephanie Murphy and Jonathan Mohan take a look at the past, present and future of global reserve currencies
In the beginning there were the global reserve currencies (US dollars), national currencies like the Japanese yen, alternative currencies like Ithaca hours, and only one cryptocurrency, Bitcoin.
But what a difference a decade can make, today there are thousands of cryptocurrencies, many of which were created by enthusiasts who have ideas on how to make something even better than Bitcoin, but also currencies that use some of the technology that What makes Bitcoin so powerful, but which it combines with the authority of a national government like the Digital Yuan in China, the Digital Euro from Brussels, or even a global company with billions of customers like Libra backed by Facebook.
Is bitcoin still interesting in this emerging picture? First attempts at new technology, even if succeeding in introducing a powerful new idea, are often not the ones who ultimately manage to change everything. And what is important when the world changes and we are approaching something other than the dollar standard, where does Bitcoin fit in?