Podcasts Technology Blockchain Insider Podcast by 11:FS 106. Libra: The downfall of western civilisation?

106. Libra: The downfall of western civilisation?

Published: July 25, 2019, 2 p.m.

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Simon and Colin are back this week to talk about the latest and greatest news in blockchain!

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First up, Simon and Colin discuss David Marcus\' Senate plea. Colin explains why his 3 biggest takeaways from Marcus\' plea were: surprisingly a lot of people in government do not like Facebook, Libra seems to be at a really early stage, and that Libra setting up in Geneva is potentially a fatal mistake. (1:45)

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Next, the pair talk about the DAWG (Digital Asset Working Group) report. They describe how it\'s really interesting to have a bunch of people who really understand the market look at tokens and say that there\'s a revenue opportunity, if banks can overcome regulatory uncertainty and find ways to comply. (24:24)

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Other stories include:

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  • SWIFT sees success with global instant cross-border payments with Singapore\\u2019s FAST (31:15)
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  • It\\u2019s official: Indian Government Wants to Ban Bitcoin (36:56)
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  • CFTC Probing Crypto Exchange BitMEX Over Client Trades (38:50)
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We also have a great Tweet of the Week from Mr @sytaylor himself explaining why rather than hating Libra, people should be more exited about it! (43:26)

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All this and so much more on this week\'s episode of Blockchain Insider. And why not send us your best tweets? See if you can get a shout out on the show!
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\\nWe hope you enjoy the show and, as ever, don\'t forget to subscribe!
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\\nWant to join the conversation on all the topics discussed? Tweet the show @bchaininsider and if you really love the show, please leave us a review on iTunes.
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\\nThis week\'s episode of Blockchain Insider was produced by Laura Watkins and Petrit Berisha. Edited by Alex Woodhouse.

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