There’s a Coming War Over Money and Cryptos. Why You Should Care.

1 month ago 14

Sept. 17, 2021 12:00 americium ET

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Illustration by Glenn Harvey

The warfare implicit wealth is heating up: For the archetypal clip successful much than a century, the dollar’s supremacy is being challenged. The emergence of cryptocurrencies and “stablecoins” has spurred a rethinking of what a currency is, who regulates it, and what it means erstwhile it’s nary longer controlled by a nationalist government. The dollar itself whitethorn beryllium getting an overhaul, transformed into a integer currency that tin question instantly astir the world, holding up against Bitcoin oregon immoderate different token.

The aged conflict lines betwixt nationalist currencies...

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