Description: Private digital money just doesn’t work. Or so say the doubters, and they’ve been right. Wildly fluctuating cryptocurrencies — bitcoin and thousands of variants — have demonstrated that the miracle of blockchain-driven digital currencies, altcoins, crypto tokens and other forms of electronic cash cannot serve the role of money.
Date: Nov 29, 2019
Questions for discussion:
- Summarize the arguments for the successful establishment of Libra?
- How would this development affect banking?