D.L. White
1 min readMar 5, 2022

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Hey Anthony, thanks for reading! You ask a great question and, in short, I don't think the US dollar will continue to hold its reserve status much longer. I also have a really long answer for you, because it's a great question and I think it deserves one :)

I think Ray Dalio is a brilliant guy with an excellent evaluative framework for the global political economy. And I think that framework underestimates the current rate of tech/financial/social change in the world.

Your generation sees the world very differently than my generation and my parent's generation does. Your generation is also, as we speak, building out a financial framework (crypto) that has more transformative potential than anything ever conceived in the history of the world.

Most people in my generation and the one before it haven't recognized that yet. I also think the old balance-of-power, nation-state politics that have dominated the world for the last 50-60 years have almost no credibility with your generation. I don't think many in your generation are real interested in fighting old school wars in the name of national pride, or for resource capture.

As to where I think the global economy is headed, I'm super bullish on crypto solutions and I think ALL central banks (including China) are too rooted in the 'old' way of thinking to respond cooperatively, or creatively. I wrote a little about this in the article linked below. You should check it out and tell me what you think :)

https://medium.com/coinmonks/the-rise-and-fall-of-financial-empires-8e4bc3d7d5f8

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D.L. White
D.L. White

Written by D.L. White

Bitcoinoor | ₿ = 2.1e+15 | Fix the money | JD, LLM, MSc | Author: The Great Realignment: Power, Money, Greed & Bitcoin.

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