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Governments vs. Networks: The Battle for the Soul of Finance

Governments vs. Networks: The Battle for the Soul of Finance

Today on the Brief: Kraken is the first crypto exchange to become a U.S. bank FTC preparing antitrust lawsuit against Facebook Gold-standard fan Judy Shelton doesn’t have the votes to be confirmed as Federal Reserve governor Our main...

The Breakdown

September 17, 202017m 25s

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Show Notes

Today on the Brief:

  • Kraken is the first crypto exchange to become a U.S. bank
  • FTC preparing antitrust lawsuit against Facebook
  • Gold-standard fan Judy Shelton doesn’t have the votes to be confirmed as Federal Reserve governor 

Our main discussion: The battle for the soul of finance. 

In this episode, NLW looks at the power competition between governments on the one hand and the decentralized network-driven finance alternatives that would reshape that power. Interestingly, in this competition corporations may play a role that benefits both sides at different times and in different ways.