Is the World Ready for a Federated Currency? (ft. David Shrier, Oxford & MIT Futurist)

Word on the Block | Forkast.News - A podcast by Forkast.News

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Incorruptible. Improved funds flow. Transparency and traceability. These are all promises of blockchain / digital technology to help the modern-day issues of cash-based economies. But should this responsibility be held by companies or governments? David Shrier, author of upcoming book from MIT Press in November 2019, “Trusted Data” dives into the debate of a digital currency, sparked by Facebook’s Libra Project, and how governments are reacting with their own Central Bank Digital Currency (CBDC)… or is there a third way? Shrier puts on his futurist hat to answer what is a “federated currency” and why this could be a solution of the future.