Ep. 72 - Voting Power, Consortiums, and Facebook's Currency

Facebook’s proposed cryptocurrency called Libra is supposed to aid international transactions. Does it compete with banks, or does it compete with Bitcoin? And what are the chances that Facebook and their 100-member consortium of companies will follow through on this over the next few years?We then turn to the idea of voting power, and learn about one important metric when it comes to analyzing voting systems: The Shapely Power Index. We’re dive into how it’s computed, what it means, and what it’s limitations are.Today’s co-host is Maryam Aly.localmaxradio.com/72 Get full access to The Local Maximum at localmaximum.substack.com/subscribe