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Bitcoin Makes No Sense As A Currency

Bitcoin Makes No Sense As A Currency

The Breakfast Grille

August 24, 202023m 5s

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Show Notes

The rise of Bitcoin, and the talk around Libra - Facebook’s fiat-backed stablecoin - have woken up central bankers to the disruptive potential of digital currencies, and its implications to the financial system as we know it.

Roshan Kanesan speaks with Antonio Fatas, Professor of Economics at INSEAD, for his thoughts on the future of money, the role of central banks, dependence on the US Dollar, and the viability of a global unified currency.

Image Credit: Pixieme/Shutterstock.com

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Topics

Internete-Businesse-commerceEconomyMarketsBitcoinCryptocurrencyLibraDigital CurrenciesCentral BanksUS Federal ReserveUS dollarDollarisationglobal unified currencyFacebookWeChatPBOCBig Tech