Billionaire Druckenmiller says ledger-based system could replace USD worldwide

Cointelegraph

Published May 11, 2021 11:52PM ET

Updated May 12, 2021 02:20AM ET

Billionaire hedge fund manager Stanley Druckenmiller has forecast the possibility of a crypto-derived ledger system overtaking the U.S. dollar as a global reserve currency.

The hedge fund boss noted that if there were to be a U.S. dollar replacement it “would be some kind of ledger system invented by some kids from MIT or Stanford or some other engineering school that hasn't even happened yet, that can replace the dollar worldwide.”

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