Bankless

China vs. The Dollar | Diana Choyleva


Listen Later

China’s decoupling from the Dollar. Are we on the brink of using the yuan as the new global currency, or will crypto take the spotlight? 

We’ve explored crypto’s role in disrupting the global monetary order before, but there’s another force that’s going to have just as much of an impact…some would say much more. China!

What does it look like when the world’s 2nd largest economy dedollarizes? That’s what we explore on today’s episode with China expert and economist Diana Choyleva. Towards the end, Diana also reveals her eye-opening prediction about a potential US-China conflict over Taiwan. 

------ 📣 SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY24  https://bankless.cc/spotify-premium    ------ BANKLESS SPONSOR TOOLS:

🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE https://k.xyz/bankless-pod-q2    ⁠

🦄UNISWAP | BROWSER EXTENSION https://bankless.cc/uniswap 

⚡️ FUEL | EARN FUEL POINTS https://bankless.cc/fuel 

🛞MANTLE | MODULAR LAYER 2 NETWORK https://bankless.cc/Mantle    ⚖️ARBITRUM | SCALING ETHEREUM ⁠https://bankless.cc/Arbitrum 

🗣️TOKU | CRYPTO EMPLOYMENT  https://bankless.cc/toku 

------ ✨ Mint the episode on Zora ✨ https://zora.co/collect/zora:0x0c294913a7596b427add7dcbd6d7bbfc7338d53f/41  

------ TIMESTAMPS

0:00 Intro 7:17 Is China Really De-Dollarizing? 10:16 Is De-Dollarizing A Priority? 14:14 China’s Objective & Progress? 16:04 Yuan as Unit Of Payment Or Store Of Value? 22:27 Usage and Progress From 2009? 25:34 US VS China Capital Market Difference 29:32 Motives Behind De-Dollarizing? 35:32 China’s Wants VS Actual Scenario 40:25 What Distant Future Looks Like? 47:41 China’s CBDC Plan, Issues & Expansion 55:13 China Participating In Crypto World? 57:50 China Using Treasury As Store of Value? 1:04:26 The Taiwan Conflict? 1:05:51 What If China Is Successful? 1:09:37 Closing and Disclosures 

------ RESOURCES

Diana Choyleva https://x.com/choyleva 

------ Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures⁠    

...more
View all episodesView all episodes
Download on the App Store

BanklessBy Bankless

  • 4.7
  • 4.7
  • 4.7
  • 4.7
  • 4.7

4.7

1,015 ratings


More shows like Bankless

View all
The Investor's Podcast (We Study Billionaires)  - The Investor’s Podcast Network by The Investor's Podcast Network

The Investor's Podcast (We Study Billionaires) - The Investor’s Podcast Network

3,339 Listeners

Macro Voices by Hedge Fund Manager Erik Townsend

Macro Voices

3,075 Listeners

The a16z Show by Andreessen Horowitz

The a16z Show

1,093 Listeners

Unchained by Laura Shin

Unchained

1,206 Listeners

Real Vision: Finance & Investing by Real Vision Podcast Network

Real Vision: Finance & Investing

900 Listeners

CRYPTO 101 by Bryce Paul & Brendan Viehman

CRYPTO 101

41 Listeners

The Breakdown by Blockworks

The Breakdown

740 Listeners

The Pomp Podcast by Anthony Pompliano

The Pomp Podcast

1,837 Listeners

Thinking Crypto News & Interviews by Tony Edward

Thinking Crypto News & Interviews

250 Listeners

What Bitcoin Did by Danny Knowles

What Bitcoin Did

278 Listeners

The Wolf Of All Streets by Scott Melker

The Wolf Of All Streets

236 Listeners

Coin Stories with Natalie Brunell by Natalie Brunell

Coin Stories with Natalie Brunell

442 Listeners

Raoul Pal: The Journey Man by Real Vision Podcast Network

Raoul Pal: The Journey Man

132 Listeners

Forward Guidance by Blockworks

Forward Guidance

271 Listeners

Monetary Matters with Jack Farley by Jack Farley

Monetary Matters with Jack Farley

153 Listeners