The Digital Dollar Emerges

Matt Snow
5 min readMar 24, 2020

How Coronavirus became the Catalyst for the Digital Dollar → Crypto Adoption

With the global economy in near shutdown due to coronavirus it appears that the instability of the underlying global financial system has been exposed. The insanity of modern monetary theory (MMT) is about to bring the world to its knees. The writing is on the wall.

Goldman Sachs — 24% reduction in GDP forecast Q2 2020:

St. Louis Fed Chief — COVID-19 may lead to 30% U.S. unemployment:

Raoul Pal — the biggest financial event in our lifetime is here:

Federal Reserve — unlimited quantitative easing (QE) + infinite cash:

Your ATMs are safe, your cash is safe. There’s enough cash in the financial system and there is an infinite amount of cash in the Federal Reserve

Neel Kashkari — President, Central Bank of Minneapolis

Matt Snow

Investor at Trammell Venture Partners | BCO Board Member | Bitcoin | Venture Capital | Investing | All opinions my own.