Libra, Stablecoins, CBDCs and the Need for Digital Money

May 1, 2020 28 min
Business

Today, we’re joined by Lex Sokolin to discuss recent developments in digital money, including stablecoins, CBDCs and a new Facebook Libra proposal.

A digital world needs digital money, and a few influential players are actively working to build it. China’s BSN initiative and Facebook’s Libra embody the East’s public sector led approach to building and owning the internet of value, and the West’s private sector led (and public sector challenged) attempt at cheaper commerce on the web. While the nature of the approaches may be different, the data and privacy considerations are eerily similar.

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Thank you very much for joining us today. Please welcome, Lex Sokolin.

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