In an interview with Kitco Information, entrepreneur and enterprise government Michael Saylor shared his view on the destiny of CBDCs and the de-dollarization that has been making headlines in current months. As the general public loses religion within the banking system within the Western world and a few currencies are flat-out collapsing, the considered implementing a CBDC has been making rounds with the idea that the greenback is slowly however certainly dropping its standing because the world’s reserve forex. Saylor believes that if all goes fully sideways, we are going to return to a quasi-barter and commerce system, which might be a step backward as a society. Saylor debunks the concept Gold can play the function of a reserve because it has been manipulated via the centuries and doesn’t present any indications that it will not be manipulated sooner or later. Saylor believes, that as of now, Bitcoin is the dominant asset that may pretty present an answer to the world’s issues.
► To look at the complete interview:
https://www.youtube.com/watch?v=BFCnA5OjrEE
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