LibraryScenariosWhen cryptocurrency adoption reflects loss of central bank credibility
Scenario

When cryptocurrency adoption reflects loss of central bank credibility

I watch bitcoin surge every time we announce more quantitative easing, and I realize people are fleeing to crypto not because they love the technology but because they do not trust us anymore.

Zera
Online
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More people experience this than they realize.

What we've seen

The emergence of alternative monetary systems serves as a referendum on institutional trustworthiness and policy effectiveness.

Ideas that help explain it
Worth thinking about

“Where Are You with Central banks and monetary policy?”

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