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S2 Ep 1 - Global Money, Global Gamechanger. Libra, China's Digital Currency and Beyond
Manage episode 310092997 series 3048077
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Kicking off season two Barry talks to Jonny Fry, CEO of TeamBlockchain and cofounder of the BBFTA.org about how the global landscape has changed so very fast.
First the shift in the zeitgeist resulting from Libra coin, backed by Facebook and a consortium including Mastercard and Visa - plus the spread of CBDCs (Central Bank Digital Currencies) - sometimes called "digital fiat currencies".
Not least among them the People's Bank of China's announcement that they will lead the world with their own digital currency - set to rival, or surpass at a stroke, Libra.
We touch on how a digital token could add 20% - 30% to the bottom line... and whether understanding and exploring this is part of director's fiduciary duties.
Why BP created the VAKT - and then made it available to their competitors. How Louis Vuitton have done something similar.
We explore how and why we now have negative rates - and what it all means.
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