I think there will be two poles in a multipolar world based on two spheres of influence – the Chinese and American spheres. That is putting it in old fashioned nationalist terms. Another way it is being framed by America is freedom/democracy vs autocracy. China will frame it differently as wealth distribution vs wealth inequality. […]

The post Part 4 How many poles in a multipolar world?  appeared first on Daily Fintech.

No single contender looks like an obvious fit: USA/USD is current reserve currency but no reserve currency lasts forever.   Europe/EU is a weird mix of independent countries and a single currency.   China/CNY is the emerging economic power but their currency is not fully convertible yet and not trusted in many parts of the […]

The post Part 3 A multipolar global reserve currency future?  appeared first on Daily Fintech.

  I believe that the future of Bitcoin will be written in El Salvador. That is why we have dedicated a 4-parter to Bitcoin in El Salvador in the past. If Bitcoin is a success for El Salvador’s people, many other countries will follow their lead. The stakes are now very high with Bitcoin becoming a […]

The post Part 2 what happens in El Salvador does not stay in El Salvador. appeared first on Daily Fintech.

Way back in 2014 (when Daily Fintech was born, Bitcoin was in a bear market (priced around $500) and the last time Putin ordered an invasion of Ukraine) I wrote My explorations down the Bitcoin rabbit hole. Although this is old analysis it is still relevant today and other people who are on the same […]

The post Part 1 Global reserve currency fundamentals appeared first on Daily Fintech.