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In this video I discuss some of the players in the "money race". We are seeing a lot of entrants including cryptocurrency, CBDCs, and, even, the US Treasury with eCASH. With so many vying for the title, who will win.
Ultimately, the monetary and financial system comes down to trust. That is the ultimate decision-maker. For this reason, we have to look at who is behind some of these and what their level of trust is with people.
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