Feb 15 – “A new space race has begun,” says Erik Townsend, “to develop and roll out a global-scale government-issued digital currency system” to replace the US dollar. Today, on FS Insider, we dive into a new book, Beyond Blockchain: The Death of the Dollar and the Rise of Digital Currency, with its author Erik Townsend. Erik explains recent steps and developments, including calls by various heads of state, to create an alternative to SWIFT and US dollar hegemony. Erik predicts how this will ultimately succeed in creating a digital sovereign bond market.
*This interview originally aired on Nov. 23, 2018.