Will digital currencies overtake the dollar?

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David G.W Birch is an author, advisor and commentator on digital financial services. He is also the author of “the currency cold war”.

In this interview, Fintech guru and author David Birch argues that the dollar’s dominance on global finance will be challenged by the rise of private and state-owned digital currencies in the near future.

The main questions they discuss in the interview are:

Why may the U.S. dollar lose its dominance?

How are private and state-controlled digital currencies going to coexist? 

Why would governments willingly give up their monopoly on money? 

What role could Bitcoin play in this future scenario?   

Why should money be under ‘democratic control?’

Does the U.S. need to offer privacy in order to win the currency war with China?

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