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As the economic dimension of the COVID-19 crisis comes into clearer view, what have we learned about the battle for the future of money? Does the dollar reign supreme? Are within-the-system competitors like the euro or China’s digital yuan gaining ground? Does an outside the system alternative like bitcoin stand a chance?
This episode is sponsored by ErisX, The Stellar Development Foundation and Grayscale Digital Large Cap Investment Fund.
Over the last month, the “Money Reimagined” series has looked at the battle for the future of money.
Episode 1 focused on the dollar and why it is simultaneously stronger and more set up to fail than ever before.
Catch up: Why the Dollar Has Never Been Stronger or More Set Up to Fail
Episode 2 was all about the obvious contenders to replace the dollar such as the euro or China’s currency, especially as they race towards a digital yuan. It also looked at where Facebook’s Libra might fit in the mix.
Catch up: The Rise of the Dollar Killers
Episode 3 looked at one of the most unique features of this modern currency battle - the fact that there are fundamentally new systems like bitcoin in the running. Can a non-sovereign currency actually be more relevant than global fiats?
Catch up: Where Bitcoin Fits in the New Monetary Order
This final episode of the “Money Reimagined” series checks in on each of the previous episodes but brings a new set of voices to the mix. Between May 11 and May 14, CoinDesk hosted Consensus:Distributed, a virtual summit featuring some of the leading lights in crypto, finance, economics and pop culture. In this episode, we hear from those voices, including:
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Most US residents are vaguely familiar with the nuclear disaster known as Three Mile Island -- but that's only one of several similar stories. Join the guys as they explore the strange events of July 1959, when the Santa Susana Field Laboratory partially melted down -- and the government conspired to cover it up.
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On Tuesday, after years of inaction, Twitter fact checked President Trump’s tweets for the first time. Six words were added below the original text, directing readers to outside articles refuting his claims.
Two days later, the president signed an executive order that aims to change the nature of online speech, and the platforms that host it.
Guest: Casey Newton, Silicon Valley editor at the Verge
Host
Lizzie O’Leary
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The news to know for Friday, May 29th, 2020!
What to know about the third night of violent protests over a deadly arrest. This time, protesters torched a police station in Minneapolis.
Also, new guidelines explain what life back at the office could look like during a pandemic.
Plus, how runners will still take part in the canceled Boston Marathon, self-driving cars make a new type of delivery, and the free film festival happening this weekend.
Those stories and more in less than 10 minutes!
Head to www.theNewsWorthy.com or see sources below to read more about any of the stories mentioned today.
This episode is brought to you by www.FunctionofBeauty.com/newsworthy and www.MagicSpoon.com/newsworthy
Become a NewsWorthy INSIDER! Learn more at www.TheNewsWorthy.com/insider
Sources:
Violent Minneapolis Protests: Minneapolis Star Tribune, NBC News, WSJ, AP, MN Gov, Justice Dept., Local Emergency
Social Media Executive Order: CNN, FOX News, LA Times, White House
CDC New Office Guidelines: NY Times, Axios, CDC
Unemployment Passes 40 Million: ABC News, AP, USA Today
NY No Face Masks/No Entry: Axios, NPR, NY Gov
TX No Masks Allowed Bar: USA Today, WaPo, CBS News
First Time Boston Marathon Canceled: AP, Axios, CNN
NSA Warns of Ongoing Hacking Campaign: Reuters, AP, NSA
CVS Self-Driving Vehicle Delivery: AP, CNBC, Forbes, Nuro
UPS Adding Peak Surcharge: Reuters, WSJ
Amazon to offer Temp Workers Full Time Jobs: TechCrunch, Amazon
YouTube’s Film Festival Begins: Variety, CBS News, YouTube
SpaceX/NASA Launch Reminder: CNN, CBS News
Feel Good Friday - “Colors of the World” Crayons: CNN, FOX News, Crayola