finance

Do you think we are going to see the US dollar replaced by a new global currency? 

If so, what and when?

In our lifetimes we will see the dollar lose relevance. I think De-dollarization is coming. 

Regardless, the relevance lost can look many ways. I’ll be more accurate after the coming debt crisis.

Businesses however will use a debt backed currency. Something I heard of from an economist. The greenback will be the standard dollar, but the “goldback” would be a yield bearing dollar because it is a fractionalized treasury. Like paying rent in debt backed currency. 

Crypto is hard to imagine. But it will be.