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2026Q3

The Architecture of Money

The Architecture of Money makes seven claims about where money is heading. This site checks them against the evidence, every quarter, in public.

The Architecture of Money

Felipe Meneses Falconi

december 2026 · about the book

Markers

  1. 01 CBDC Adoption Patterns Will Track Institutional Trust
    on-track
      1. 2026Q2 · on-track
      2. 2026Q3 · on-track
  2. 02 Bitcoin Will Not Displace Gold as the Primary Non-Fiat Reserve Asset
    on-track
      1. 2026Q2 · on-track
      2. 2026Q3 · on-track
  3. 03 Trade Settlement Share Will Decouple from Reserve Share
    on-track
      1. 2026Q2 · on-track
      2. 2026Q3 · on-track
  4. 04 Cultural Legibility Will Determine Digital Currency Adoption Outcomes
    on-track
      1. 2026Q2 · on-track
      2. 2026Q3 · on-track
  5. 05 Gold Will Return to a Quasi-Monetary Role in Settlement
    drifting
      1. 2026Q2 · on-track
      2. 2026Q3 · drifting (label changed)
  6. 06 Tokenization Will Extend the Dollar's Network Dominance Before It Erodes It
    No reading yet First reading
  7. 07 Private Tokenized Fiat Will Out-Settle Central Bank Digital Currencies
    No reading yet First reading

readings dated Jan 30 · Apr 30 · Jul 30 · Oct 30 — next:

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The Label That Moved

On the first status change since tracking began, what "drifting" is for, and the quarter in which the site corrected itself.

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