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Nov 19, 2021 1 hr 9 min

How The Dollar Became The Hyperpower Currency

from Bitcoin Spaces Live Hosted by BTC Media

In this episode of Bitcoin Spaces Live, hosts Christian Keroles (@ck_snarks) and P (@phjlljp) are joined by Alex Gladstein (@gladstein) and Matt Odell (@odell) to discuss Alex's recent article for Bitcoin Magazine, "The End of Super Imperialism", where Alex provides a fantastic rundown of how the U.S. dollar became the global standard, and how the U.S. essentially "rug pulled" the entire world by abandoning the dollar's convertibility to gold. 0:00 More exciting information on the upcoming Bitcoin 2022 Conference! 1:29 The basis for Alex Gladstein's work and a look at the book, Super Imperialism. 7:49 Parallels between the current landscape and the early part of the 20th century. 16:59 Looking back at the US policy around gold since the Bretton Woods system. 26:50 The legacy of colonialism and slavery; situating resources and stores of value through history. 30:44 Comparing Bitcoin adoption in the west versus countries like India. 33:37 The looming financial danger and the possible action that will be taken by governments. 36:24 High adoption rates outside the US and some of the reasons for this. 40:22 Some of the supposed vulnerabilities of Bitcoin at present. 43:39 How Bitcoin might be able to help Afghan citizens in their current predicament. 49:36 Further thoughts on Executive Order 6102. 50:41 The role of Bitcoin aiding the revolution in Cuba! 53:04 Bitcoin and inflation; thoughts for managing the dynamic in Nigeria. 1:00:46 Exciting news about the work that Alex is currently working on. 1:03:23 Comparisons between Bitcoin adoption in the US and Europe. 1:07:39 Final words from Alex about continued learning and further resources. Read Alex's article here: https://bitcoinmagazine.com/culture/bitcoin-replacing-us-super-imperialism --------------------------------------------- Bitcoin Magazine is back in print! Get Bitcoin Magazine shipped directly to your front door! https://store.bitcoinmagazine.com/discount/MAG21?redirect=%2Fproducts%2Fbitcoin-magazine-annual-subscription "The Deep Dive" delivers the latest Bitcoin on-chain market intelligence directly to your inbox! Check it out for free here! deepdivebtc.substack.com/welcome Bitcoin 2022 will be the biggest Bitcoin conference ever! Miami, FL from April 6–9, 2022 https://b.tc/conference/

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This episode was published on November 19, 2021.

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