Trust in Currency
Trust is a cornerstone of the US dollar's status as a world reserve currency, yet concerns about eroding trust in institutions are rising. The discussion highlights the potential of blockchain technology to enhance trust through its decentralized nature, while questioning whether this feature truly addresses the core issues of fraud and reliability. The recent FTX fraud case raises critical doubts about the effectiveness of decentralized systems in preventing misconduct, prompting a reevaluation of their intended benefits.In this clip
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All Else Equal: Making Better Decisions
Ep19 “The Future of Money: Central Bank Digital Currency?” with Kevin Warsh
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