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The New Sentinel (episode 113) " Crypto Dollar: Devaluation and Conversion"
The provided texts discuss the potential future of the US dollar and its relationship with cryptocurrencies. One source features an economist who presents both skeptical and bullish arguments regarding cryptocurrency's potential, citing its use in illicit activities and high energy consumption as drawbacks, while acknowledging its disruptive potential. Another source presents a discussion of the US's massive debt and the resulting instability, proposing gold and Bitcoin as potential alternative reserve assets to address this. A final source examines the devaluation of the dollar, the rise of cryptocurrencies, and the potential benefits and challenges of a hypothetical "crypto dollar," including increased efficiency and reduced costs but also regulatory hurdles and volatility.
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