Keith Crane is a senior economist at the RAND Corporation, a nonprofit research organization, and worked in Iraq as an adviser to the Coalition Provisional Authority in 2003.
Just as technology has disrupted media, politics, and business, it is on the verge of disrupting America’s ability to leverage faith in its currency to pursue its broader national interests. The real challenge for the United States isn't Facebook's proposed Libra; it's government-backed digital currencies like the one planned by China.
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