The Currency Cold War: Cash and Cryptography, Hash Rates and Hegemony - David Birch - David Birch

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The way that money works now is a blip.
Or would a digital dollar win this new space race?.
Competing for this new Currency dominance could mean a new Cold war in cyberspace with, for example, Facebook\'s private Currency facing off against China\'s public Currency facing off against a digital euro.
The historian Niall Ferguson wrote in 2019 that if America is smart, it will wake up and start competing for dominance in digital payments.
Many people think that it will undergo a pretty significant change in the very near future and we need to start planning for the coming era of digital currency.
As these circumstances change, so money must change.
It\'s a temporary institutional arrangement agreed in response to specific political, technological and economic circumstances.
The way that money works now is a blip