Erik Townsend is a retired software entrepreneur turned hedge fund manager. Throughout his career, Erik has capitalized on his ability to understand complex systems and anticipate paradigm shifts far in advance of the mainstream. Read More...
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This two-part series explains the Digital Currency Revolution to Central Bankers, Elected Officials & Government policymakers. The focus is NOT on cryptocurrency, but rather what's coming next, AFTER cryptocurrency. This series explains why all money will be digital within 25 years, and why government has been slow to understand the sea change already in motion.
Part 2 is the "meat" of the series. Part 1 began with the high level political argument for why Digital Currency will change the world. Part 2 goes deep on monetary concepts and distributed ledger technology.
Ironically, my book was released on the same day Christine Lagard fulfilled one of its predictions by publicly calling for CBDCs. The central prediction of this video is that the U.S. Dollar will be replaced by a new digital global reserve currency. Now on the very day that I'm releasing these videos, BOE chief Mark Carney pitched the idea of a digital reserve currency [the central prediction of my book and these videos] at Jackson Hole. The coincidence of both events happening on days I was releasing content is astonishing.
For the record, this was written on July 18th and recorded on July 25th. It's been delayed for graphics editing since then until its release on August 23rd.