written by reader Jim Rickards alarmist. Is there any truth to IMP replacing US Dollar as global currently with Distributed Ledgers or block chain?

By spring2018, September 5, 2018

guest

12345

This site uses Akismet to reduce spam. Learn how your comment data is processed.

4 Comments
Inline Feedbacks
View all comments
Trey
Guest
Trey
September 6, 2018 2:39 am

wow, will be watching – when looking up https://bitcoinexchangeguide.com/blockchain-distributed-ledger-technology/ and seeing its benefits, guess the govt would not use bitcoin and try to create their own or the same as central-bank digital currency issuance?

Add a Topic
3640
Travis Johnson, Stock Gumshoe
September 6, 2018 8:50 am

How many governments can you name that have voluntarily given up control of their own currency? I’d say the risk of that is as close to zero as we can get — some blockchain implementation in the core global financial networks is more likely than a return to the gold standard, I expect, but not a lot more likely, and it wouldn’t be led by the US… it would be led by someone who’s sick of being forced to use the dollar. Just my opinion, of course, but this “replace the dollar” fearmongering has been going on for a decade and there remains no viable alternative.

Add a Topic
6001
Add a Topic
210
Add a Topic
285
👍 16224
paulinoz
September 16, 2018 3:05 am

Exactly. Lots of European countries gave their currency control up years ago when they were told how great the EU and the Euro would be for them.
Yep that turned out well …

Add a Topic
1230
👍 24
inmed70
Member
inmed70
December 18, 2018 4:25 pm

Agreed! and the pitch returns Dec.17,2018.

“The Only Way to Own the New World Money…Rickards”

Could MILE and XDR (SDR-IMF) be the Distributed Ledger he’s pitching?

The announcement for this token is on Bitcoin Forum:
https://bitcointalk.org/index.php?topic=4924978.0

The MILE token for investing is trading for $1.57 at:
https://bitforex.com/

XDR would be the stable coin pegged to the SDR currency basket at the IMF.

Add a Topic
5893
Add a Topic
3640
Add a Topic
6266

We use cookies on this site to enhance your user experience. By clicking any link on this page you are giving your consent for us to set cookies.

More Info