EP. 10: Facebook‘s Libra - What is it? - The Pros and Cons - My personal view on it

- In 2020, the Libra Association lead by Facebook wants to go live with a new cryptocurrency: Libra. In theory, if you open up your Facebook account in the middle of 2020, you might find a new crypto wallet inside - and you might own Libra, a stablecoin, with that you can pay everyone and everywhere. Libra could be one of the top three cryptocurrencies. Estimations are that, after its launch, it would grow within three months to a market capitalization of around 250 billion dollars, nearly then matching Bitcoin and perhaps surpassing Ethereum. But do we want this? Before we answer this question, it‘s important to know: What is Libra? What is a stablecoin? Who partners with Facebook? What is the current state of regulation on Libra? Dennis eventually shares his personal thoughts on Libra, which are slightly different from the mainstream coverage on the project.

Om Podcasten

The innovative podcast on disruptive technologies, politics and the law of the 21st century. Dennis Hillemann discusses with his guests how we must change our minds, our politics and our legislation to fully adapt the possibilities of new technologies to make this a better world for all of us. Explaining tech simply and to the point, Dennis dives deep into the tensions between technology and law. He aims for a broader acceptance of basic law rules when it comes to technology and wants to spread the news: We all must change minds and regulations now.