Entering text into the input field will update the search result below

Crypto And The Dollar Are Partners, And Will Be Throughout The World

May 03, 2022 5:32 PM ETBLOK, BLCN, LEGR, BITQ, BKCH, DAPP, KOIN, BITS3 Comments
John M. Mason profile picture
John M. Mason


  • The electronic changes that are coming to the financial system are taking place all over the world, making the transition global rather than just national.
  • The transition into the future is more than just crypto, as decentralized finance, with a more digital base, is going to be where the foundation of the future lies.
  • The United States is just really getting started on this path but will dominate the systems and the structure of what evolves.

internet technology concept of money and binary code

imagedepotpro/iStock via Getty Images

Niall Ferguson has it right!

First, everything going on in the world of finance is global.

Second, "In the great scheme of the global economy, digital payments are a bigger deal than crypto."

Third, "If decentralized

This article was written by

John M. Mason profile picture
John M. Mason writes on current monetary and financial events. He is the founder and CEO of New Finance, LLC. Dr. Mason has been President and CEO of two publicly traded financial institutions and the executive vice president and CFO of a third. He has also served as a special assistant to the secretary of the Department of Housing and Urban Development in Washington, D. C. and as a senior economist within the Federal Reserve System. He formerly was on the faculty of the Finance Department, Wharton School, the University of Pennsylvania and was a professor at Penn State University and taught in both the Management Division and the Engineering Division. Dr. Mason has served on the boards of venture capital funds and other private equity funds. He has worked with young entrepreneurs, especially within the urban environment, starting or running companies primarily connected with Information Technology.

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You

Comments (3)

I have long advocated on SA for a Bitdollar. Easier to prevent counterfeiting, track tax evasion and illegal activity with blockchain. Also save the trees and the need for metal for coins, especially with sanctions on supply from Russia. Would make much more sense to use a Bitdollar than paying $38,000 of my hard earned money for the imaginary Bitcoin that is not even the best crypto out there, plus if you use cryptos for a lot of transactions you have the additional big headache of keeping track of cost basis, especially for daily uses like buying coffee from Starbucks, otherwise the IRS might come to get you. No cost basis problems with a Bitdollar. Basically I already do mostly digital payments using my Visa card. Fast transactions, no fees if I pay off the balance every month, cash back rewards and protection from illegal transactions. Don't need or want any Bitcoin, whew might throw away a multi million dollar thumb drive in the trash, cost me $38,000 of my hard earned money to own 1 imaginary coin, could lose everything to hacking, need a constant supply of greater fools just to MAINTAIN Bitcoin's "value" with a finite number of greater fools, plus outrageous fees to do transactions.
Thanks for the Ferguson link, even if it is behind Bloomberg's pay wall.
jlmanfred profile picture
Always insightful articles. Thanks.
P.S. what is concerning is the fact that we have facilitated a financial war and what goes around comes around.
Disagree with this article? Submit your own. To report a factual error in this article, . Your feedback matters to us!

Related Stocks

SymbolLast Price% Chg
Amplify Transformational Data Sharing ETF
Siren Nasdaq NexGen Economy ETF
First Trust Indxx Innovative Transaction & Process ETF
Bitwise Crypto Industry Innovators ETF
Global X Blockchain ETF

Related Analysis

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.