Jake Salomon
@salomon
There's a clear case for ditching local currencies in dozens of countries where politics have led to volatility. Either officially through dollarization, or unofficially through stable coin adoption, I expect consolidation around a few reliable currencies (USD, EUR, AUSD, etc)
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Jake Salomon
@salomon
Inspired by Tyler Cowen's Bloomberg Piece on Argentina: https://www.bloomberg.com/opinion/articles/2023-08-18/argentina-s-future-is-promising-with-the-dollar
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Jake Salomon
@salomon
*crying in Israeli New Shekel*
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