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The Race for Digital Money Dominance

The landscape of digital money is rapidly evolving, with cryptocurrencies and state-issued alternatives competing for dominance. The widespread adoption of stablecoins like USDC and USDT in international payment settlements highlights the U.S. dollar’s role as a de facto global reserve currency, reinforcing the significance of self-custodied digital money in enhancing financial autonomy and efficiency.

The Great Money illusion

Money infuses our lives at so many levels from such as young age it becomes a ‘given’, not unlike the air we breathe. Indeed, our understanding of money typically forms more by a slow hypnosis from childhood than by way of structured learning.  

Unpicking that puzzle in our minds is a huge challenge, requiring the shedding of deeply held beliefs and abandonment of totemic imagery our minds have weaved together in an effort to make sense of it all.