Month: May 2023

This episode is sponsored by EY.

Join Michael Casey and Sheila Warren on this episode of “Money Reimagined,” as they delve into the multifaceted world of digital money and explore the intricate dynamics that shape its scene with Head of Policy and Government Relations Riccardo Ricchi of The Payments Association located in the UK. 

Together they unravel the differences between stablecoins, cryptocurrencies, and CBDCs, shedding light on the diverse forms of digital currencies that exist. Data privacy and surveillance concerns take center stage as they discuss the implications of a digitized monetary system on personal information and surveillance practices. Their conversation will take you on a journey through the evolution of Bitcoin and stablecoins, recognizing their significance as the next generation of money.

Finally, the role of regulation is examined in embracing programmable digital assets and the challenges and opportunities it presents in this ever-evolving financial landscape. 

Join us as we explore these thought-provoking topics and navigate the exciting future of digital money.

SUMMARY: 

Introduction to, central bank digital currencies, stablecoins and crypto. (0:00)

Innovation is unstoppable, it's happening. (2:44)

Differences between stablecoins, CBDCs and crypto. (8:06)

Programmable money and digital money. (13:48)

The conflation of programmable money. (16:21)

The idea of choice in India. (22:55)

The impact of CBDCs on banks. (27:29)

Banking disintermediation. (29:36)

The Policy Crisis. (33:08)

LINKS: 

thepaymentsassociation.org

Article from CD: 

Crypto Industry Asks UK to Think Globally as Government Closes Consultation on Proposed Rule

From our Sponsor: 

EY blockchain solutions can transform the business lifecycle for digital ecosystems, by promoting trust, transparency, privacy and efficiency. EY: Helping you build a better working world. Find out more at blockchain.ey.com

Money Reimagined has been produced and edited by senior producer Michele Musso and our executive producer is Jared Schwartz. Our theme song is “AITA” by Neon Beach.

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Over the last couple of decades, the state has been making significant investments into its armed forces in an attempt to challenge America’s dominance. We ask how much further they will go. When the Ukraine war sent energy prices soaring, the consequences for Europe proved fatal. And, a tribute to the father of Tibetan film. 

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Alabama

• Senator Tuberville talks about his holdup of DoD nominations
• ALDOT says they will appeal the recent ruling on Baldwin county bridge
• 1819's Parker Snider talks about  comments from State Health Officer
• Alabama house passes tax credit bill for donations to pregnancy centers
• Wholesaler of Bud Light seeks to ease backlash over transgender promo
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National

• 8 year old migrant girls dies in TX facility, 2nd one in less than a month
• Joe Biden's secret phone as VP now subject of a congressional subpeona
• GA congresswoman enters articles of impeachment against Joe Biden
• 3 FBI whistleblowers testify before House committee 
• OK governor defunds PBS station there due to drag queen video aired