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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:\\xa0

• 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