As the “the biggest insolvency event of all history” becomes more of a reality, Dan Morehead of Pantera Capital explains to Real Vision CEO, Raoul Pal, about why he believes that cryptocurrencies are a contender for reserve currency status in the future. Coupled with the breaking of the financial system and with developing projects such as Facebook’s Libra, Pal and Morehead see how cryptocurrencies are moving closer toward a stable coin, which would allow more nations to move away from the dollar. Pal and Morehead also discuss the latest developments in the crypto and blockchain space.