DiscoverThe Blockchain and Beyond : Down The Rabbit HoleLibra and the digital renminbi - do they mean armageddon for the banks and the US dollar?
Libra and the digital renminbi - do they mean armageddon for the banks and the US dollar?

Libra and the digital renminbi - do they mean armageddon for the banks and the US dollar?

Update: 2019-09-23
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In this special episode of Down the Rabbithole we explore all things Libra, the controversial global digital currency being proposed by the not-for-profit Libra foundation and driven by Facebook and their 29 multinational partners. With 2.5bn customers, Facebook could become one of the world's largest financial services players. What does this mean for your privacy? For the banks? For the US Dollar? and with the launch of the digital renminbi by the Chinese Central Bank in November 2019, is the devil that regulators know, a better option than a Sovereign state owning the digital currency space?

It's a very complex, and dynamic situation that will irreversibly change the financial landscape.

We discuss these issues with 4 great commentators:

Edward Plowright - the creative director at Cypto Global News

Bradley Hughes - a seasoned IT professional and blockchain commentator

Dom Jocubeit - a technical guru with over 20 years software development experience

Milen Marinov - who has spent the last 7 years in Bejiing and has his finger on the Chinese pulse 

Will Libra win the battle for global supremacy in the digital currency age? Or will the Chinese renminbi win the day?

Lets find out as we head Down the Rabbit Hole 

  

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Libra and the digital renminbi - do they mean armageddon for the banks and the US dollar?

Libra and the digital renminbi - do they mean armageddon for the banks and the US dollar?

Tim Lea