Money will come to be a growing number of digitized, according to Jim Rogers, investor, very popular writer, and also founder of the Quantum Fund, yet the question is whether or not non-government issued electronic money will certainly dominate.
” If cryptocurrencies come to be successful, many federal governments will outlaw it, because they do not wish to lose their syndicate, every federal government worldwide is dealing with computer money currently, including the U.S. The Chinese are there already. I can not visualize that the federal governments are going to claim ok, this is our crypto money, or you can utilize their crypto money, that’s not the method governments work, historically,” Rogers informed Michelle Makori, editor-in-chief of Kitco News.
0:00 – Debt levels unsustainable
6:31 – Dollar as international book money
9:15 – Bitcoin
13:20 – Inflation
17:40 – Agriculture
21:25 – The start of completion of the U.S.?
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