Does America Need A Digital Dollar?
Open to Debate9 Des 2022

Does America Need A Digital Dollar?

The digital currency craze started with at least one anonymous Bitcoin founder and a community of futuristic, tech-savvy investors willing to take a bet on a new form of money. But over the past decade, the world of digital currency has coined a host of new types of online cash. In fact, Central Banks in more than 80 countries have, or are in the process of gearing their monetary systems in that direction. They consider them a means of modernizing and serving as a check against the growth of crypto. In China, an estimated 140 million people have already begun using the new digital yuan, which accounts for nearly $10 billion worth of transactions. In that context, does the world's reserve currency -- the U.S. dollar -- need its own version? Those who are argue “yes” say it is a fundamental step to remain competitive; to ensure the dollar remains in its preferred global standing. A digital dollar, they argue, would also create a new ease of exchange, reduce delays in processing times, and help the underbanked Americans into the digital economy. Those who argue “no” point to the risks of failure, hackings, and privacy breaches, which includes widespread government tracking of transactions, and could allow for unprecedented federal access to personal banks accounts. Against this backdrop, we ask: Does America Need a Digital Dollar? Arguing "Yes" is Gillian Tett, Editor-at-large, Financial Times Arguing "No" is Dante Disparte, Head of Global Policy at Circle Emmy award-winning journalist John Donvan moderates Learn more about your ad choices. Visit podcastchoices.com/adchoices

Episoder(458)

Should We Use Gene Editing to Make Better Babies?

Should We Use Gene Editing to Make Better Babies?

Your doctor tells you that, should you wish to have a child, that child is likely also to carry the disease. But a new gene-editing technology could ensure that your baby is -- and remains -- healthy....

23 Apr 53min

Will the AI Bubble Burst?

Will the AI Bubble Burst?

Artificial intelligence has ignited one of the most spectacular surges of investment, hype, and technological promise, but some worry that the enthusiasm is resembling a bubble, with valuations racing...

16 Apr 53min

Wartime Kill Decisions: Human or AI?

Wartime Kill Decisions: Human or AI?

Even with a fragile ceasefire in place between the U.S., Israel, and Iran, we wanted to revisit this prescient debate from last fall. In the past few weeks of war, autonomous systems, AI-driven target...

9 Apr 53min

Think Twice About The Meaning of Your Life with Arthur C. Brooks

Think Twice About The Meaning of Your Life with Arthur C. Brooks

At some point, we all ask: “Is this what I’m meant to do?” In this "Think Twice" episode, social scientist Arthur C. Brooks joins Open to Debate's CEO Lia Matthow to explore why meaning feels harder t...

2 Apr 53min

Should the U.S. Prioritize Settling Mars?

Should the U.S. Prioritize Settling Mars?

NASA is preparing for the Artemis II mission — a major step back into deep space to explore the Moon. But as NASA, SpaceX, and other private companies are also working on plans to make Mars humanity’s...

26 Mar 53min

Has Legalizing Sports Gambling Become A Bad Bet?

Has Legalizing Sports Gambling Become A Bad Bet?

Sports fans can place bets on their favorite teams and athletes faster and easier than before, thanks to legalized sports gambling. But was it the wrong bet to make? Advocates say it’s been good for f...

19 Mar 53min

The Future of Film: Big Screen or Stream?

The Future of Film: Big Screen or Stream?

Where do you watch the latest movie everyone’s talking about—on Netflix at home or in a packed theater? Are theaters the irreplaceable heart of cinema, creating cultural moments and spectacle, or is s...

13 Mar 53min

Will AI Make Work Obsolete?

Will AI Make Work Obsolete?

AI can write code, diagnose diseases, design buildings, and create art. Tools like ChatGPT, Claude and autonomous robots are transforming industries once seen as automation-proof, fueling fears of mas...

6 Mar 53min

Populært innen Politikk og nyheter

giver-og-gjengen-vg
aftenpodden
aftenpodden-usa
forklart
stopp-verden
popradet
det-store-bildet
nokon-ma-ga
fotballpodden-2
rss-gukild-johaug
dine-penger-pengeradet
lydartikler-fra-aftenposten
rss-ness
hanna-de-heldige
aftenbla-bla
rss-espen-lee-usensurert
rss-dannet-uten-piano
rss-penger-polser-og-politikk
frokostshowet-pa-p5
bt-dokumentar-2