BREAKDOWN: Crypto to Replace Dollar as World’s Reserve Currency? Investing Legend Stanley Druckenmiller Thinks So

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The argument that the dollar is losing prestige worldwide got a major boost from a legendary investor.

This episode is sponsored by Nexo.io and Bitstamp.

Last year, hedge fund gurus like Paul Tudor Jones set off the wave of institutional bitcoin buying by cementing the narrative of bitcoin as an inflation hedge. Today, one of those investors - Stanley Druckenmiller - is back with even more dire pronouncements about the likely implication of Federal Reserve policies. The dollar, he says, will lose reserve currency status in the next 15 years. The most likely candidate to replace it? Crypto.

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Join thousands of newsmakers and influencers talking the future of money at Consensus 2021, a live virtual experience from CoinDesk. (Use discount code "BREAKDOWN" to save $25!)

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