The Global Prisoner’s Dilemma: A Coordination Game We Cannot Afford to Lose

We face a critical juncture in the global monetary system — a situation where cooperation is becoming increasingly difficult, yet the consequences of mutual defection would be devastating for all participants. The world’s economic stability hinges on finding pathways for orderly transition rather than disruptive abandonment of established systems. The Build-Up to Breaking Point Over the past few weeks, I’ve been examining fundamental challenges facing cryptocurrency and the global monetary system: The Revolutionary Failure How cryptocurrency’s original promise of financial sovereignty was comp