![U.S. Foreign Policy and a World in Disarray: An Interview with Richard Haass, President of the Council on Foreign Relations](https://thepolitic.org/wp-content/uploads/2019/09/unnamed-1-e1568066816737.png)
U.S. Foreign Policy and a World in Disarray: An Interview with Richard Haass, President of the Council on Foreign Relations
“I would argue the United States will not be looked at quite the same way again. We have raised doubts.”
“I would argue the United States will not be looked at quite the same way again. We have raised doubts.”
“PBOC, China’s Central Bank has collected the most patents related to blockchain in the world. Sure enough, PBOC recently confirmed that it will issue digital RMB soon.”
“Bitcoin did peak in late 2017, early 2018– and it has since contracted. If this were really the future of digital commerce, the future of money, the future of web infrastructure– you wouldn’t expect it to take a huge step backwards. But it did, and that’s because it’s mostly hype-driven.”
“How many times have you been using an app and honestly thought to yourself, “Ah f***, if only this were decentralized it would liberate me as a person!”
“Yet the meritocratic myth is still vivid, and belief in it is strong, making it much more effective in preserving power in the hands of few without triggering indignation or revolt.”
“Bitcoin is so volatile that it’s actually moving more than the volatility of the Volatility Index itself.”
“I would go to these highly technical meetups, take notes, and do extensive research afterwards. I didn’t understand 90 percent of what people were saying, but I wanted to grasp complex topics like “elliptic-curve cryptography” nevertheless.”
“I suspect it could take much longer to implement than the most ardent enthusiasts will insist, and the real opportunity is in doing something practical that either helps existing financial professionals to be more productive, or somehow automates back-office activities and budgets.”