On The Brink with Castle Island
Patrick Dugan (Tradelayer) – HyperCryptoDollarization (EP.78)
Released: May 11, 2020
In this episode, we talk to Patrick Dugan, coiner of the term 'crypto-dollarization'. Patrick has a wealth of knowledge regarding stablecoins and the prospects for public blockchains to carry fiat-denominated value. Covered in this episode:
His formative experiences living under capital controls in Argentina How Patrick's time in LatAm taught him about dollarization Political drivers of the dollar's predominance in LATAM How Patrick realized that crypto-dollarization would be important Patrick's experiences working for the Omni Layer Foundation Patrick's analysis of the earliest stablecoins like BitUSD, Nubits, and Tether (Omni) Patrick's analysis of the stablecoin models which are most likely to succeed long-term Likely geopolitical effects of crypto-dollarization