Preston Byrne & Jake Chervinsky on Regulating Libra - WBD145

Preston Byrne & Jake Chervinsky on Regulating Libra - WBD145

Location: New York Date: Thursday, 25th July Project: Byrne & Storm and Compound Finance Role: Partner & General Counsel

Shortly after Facebook announced the launch of Libra, the U.S government hauled David Marcus, the head of the proposed currency, in front of Congress. For two days, Marcus answered tough questioning from both The House and The Senate on everything from Libra's intentions to Facebook's previous issues such as Cambridge Analytica.

Quite predictably, the creation of a new global currency was seen as a threat to the Dollar and was met with hostility by large parts of Congress, but was this part of Facebook's plan? Are they using and audacious initial proposal as a way of shocking Congress before 'revisiting' the proposal and easing the regulatory path?

Or, is Facebook using cryptocurrency and blockchain under the guise of 'innovation' as a shield against harsh regulation, well aware of the government's fear that China controlled WeChat and Alipay could weaken the position of the Dollar? Why is Facebook launching this project? With Facebook, active users dropping rapidly has the novelty of the social network worn off and is this just a pivot to stay relevant and maintain control? For the next episode in my Libra Deep Dive I talk to Preston Byrne & Jake Chervinsky about the regulatory side of Libra. We discuss whether Libra is a security, if the Foundation is really a non-profit and whether Libra is even a cryptocurrency.

Hosted on Acast. See acast.com/privacy for more information.

Det här avsnittet är hämtat från ett öppet RSS-flöde och publiceras inte av Podme. Det kan innehålla reklam.

Avsnitt(1079)

#201 - Connor Leahy - The AI That Escaped: Inside OpenAI's Rogue Agent Incident

#201 - Connor Leahy - The AI That Escaped: Inside OpenAI's Rogue Agent Incident

Connor Leahy has spent his career at the frontier of AI, from reverse-engineering GPT-2 as a student and co-founding EleutherAI to building the AI safety company Conjecture. He now leads US policy wor...

14 Aug 1h 9min

#200 - Sebastian Thrun - The Singularity Is Here & We Are Completely Unprepared

#200 - Sebastian Thrun - The Singularity Is Here & We Are Completely Unprepared

Sebastian Thrun has spent his career working on technologies that once sounded like science fiction, from self-driving cars and flying vehicles to online education and artificial intelligence. He now ...

11 Aug 1h 34min

#199 - Aubrey de Grey - The Man Who Says Ageing Can Be Cured

#199 - Aubrey de Grey - The Man Who Says Ageing Can Be Cured

Aubrey de Grey believes ageing is accumulated damage in a biological machine and argues that medicine may eventually become capable of repairing that damage faster than it appears. He gives humanity a...

6 Aug 1h 17min

#198 - Michael Shermer - Truth, Conspiracies & The Things We Can't Explain

#198 - Michael Shermer - Truth, Conspiracies & The Things We Can't Explain

Michael Shermer is the founding publisher of Skeptic magazine, host of The Michael Shermer Show and author of Truth and Conspiracy. He joins Peter to ask whether we are really living in a post-truth w...

4 Aug 1h 27min

#197 - Brian Keating - What Came Before the Big Bang & Does Time Exist?

#197 - Brian Keating - What Came Before the Big Bang & Does Time Exist?

Brian Keating joins me to explore one of the deepest unanswered questions in physics: what is time, and why does it only appear to move in one direction? Brian argues that time may not exist as a fund...

30 Juli 1h 39min

#196 - Sam Bowman - The U.K. Is Becoming a Poor Country

#196 - Sam Bowman - The U.K. Is Becoming a Poor Country

Sam Bowman joins me to discuss why Britain is approaching two lost decades of stagnant median wages and why the country is now far poorer than it should be. Sam argues that Britain does not lack talen...

28 Juli 2h 9min

#195 - Lisa McKenzie & Keith Gildart - Who Is Britain For? The Destruction of the Working Class

#195 - Lisa McKenzie & Keith Gildart - Who Is Britain For? The Destruction of the Working Class

Britain did not simply leave its working class behind. Sociologist Lisa McKenzie and historian and former coal miner Keith Gildart argue that political and economic decisions deliberately dismantled t...

25 Juli 2h 13min

#194 - Charles Goodhart: The Money Endgame - Debt, Inflation & Central Bank Failure

#194 - Charles Goodhart: The Money Endgame - Debt, Inflation & Central Bank Failure

Charles Goodhart joins me to discuss why Britain’s decline did not start in 2008, why the post-war economic boom may have been a temporary lucky era and why the next 30 to 40 years could be far harder...

21 Juli 1h

Populärt inom Politik & nyheter

p3-krim
rss-krimstad
aftonbladet-daily
svenska-fall
aftonbladet-krim
flashback-forever
tv4-nyheterna-story
motiv
svd-ledarredaktionen
politiken
rss-vad-fan-hande
mannen-utan-spar
de-fyras-gang
rss-sanning-konsekvens
rss-krimreportrarna
spar
fordomspodden
rss-aftonbladet-krim
rss-flodet
olyckan-inifran