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CryptoCRYPTOVERSE

Could Bitcoin Be the Global Reserve Currency?

Featuring Greg Foss and Seb Bunney

Mar 15, 2022 • 58 minutes

Crypto

CRYPTOVERSE

Could Bitcoin Be the Global Reserve Currency?

We're on the verge of a monetary shift that will test the US dollar's privileged status in the world economy.

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Featuring Greg Foss and Seb Bunney

Mar 15, 2022 • 58 minutes

Ray Dalio, founder, co-chairman, and co-chief investment officer of Bridgewater Associates, the world’s largest hedge fund, famously noted that global reserve currencies typically last for 100 years or so. If that trend holds, the US dollar is nearing the end of the privileged status it inherited from the British pound. So, what comes next? Greg Foss and Seb Bunney believe it’s Bitcoin. Foss, a strategist at VPC, and Bunney, who advocates at The Looking Glass, argue that the world’s No. 1 cryptocurrency features characteristics necessary to the task. Foss stresses the importance to humanity of a hard asset immune to censorship and manipulation. Inflation, he says, is crippling poor families on fixed incomes, leading them down a dangerous path of debt accumulation. Bitcoin, as Foss sees it, is the way out of the fiat-driven leverage spiral the entire Western world has fallen into. Recorded on March 1, 2022.

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In the fast-moving world of cryptocurrency, Real Vision CRYPTOVERSE works at an accelerated pace to keep you ahead of market swings and ever-evolving innovations. Crypto's smartest minds sit down for in-depth discussions covering everything from the blockchain and DeFi to NFTs, Web 3.0., the Metaverse, and what's still beyond the visible horizon.

More Episodes

In the fast-moving world of cryptocurrency, Real Vision CRYPTOVERSE works at an accelerated pace to keep you ahead of market swings and ever-evolving innovations. Crypto's smartest minds sit down for in-depth discussions covering everything from the blockchain and DeFi to NFTs, Web 3.0., the Metaverse, and what's still beyond the visible horizon.

More Episodes

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