Tag Archives: blockchain

BRICS Nations Ponder Digital Currency to Ease Trade, Reduce USD Reliance

Such blockchain-based threats to the role of the dollar internationally are soon potentially to rise in scope and severity, with the apparent imminent launch of China’s digital yuan and hints that the EU may develop its own e-euro. The Facebook-led Libra project has also raised U.S. regulators hackles, presenting as it does an alternative to USD for Facebook’s billions of global users.

https://www.coindesk.com/brics-nations-ponder-digital-currency-to-ease-trade-reduce-usd-reliance

Mastercard, Visa, eBay and Stripe quit Facebook’s Libra

“Large payment companies are wise to avoid legitimising Facebook’s private, global currency. Facebook is too big and too powerful, and it is unconscionable for financial companies to aid it in monopolising our economic infrastructure. I trust others will see the wisdom of avoiding this ill-conceived undertaking.”

Sherrod Brown (US Senator)

https://amp.ft.com/content/a3e952dc-ec5c-11e9-85f4-d00e5018f061?__twitter_impression=true

The Silver Lining Of Anti-Globalism Might Be The Creation Of A True Digital Economy

Douglas Rushkoff argues that trade wars and closed borders might force us to break with the extractive capitalist system and use technology to create a better model: digital distributism.

https://www.fastcompany.com/3067330/the-silver-lining-of-anti-globalism-might-be-the-creation-of-a-true-digital-economy