• Missing the monetary system for the money – Robert Greene, The Fire Next Time #3

  • May 17 2020
  • Length: 46 mins
  • Podcast

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Missing the monetary system for the money – Robert Greene, The Fire Next Time #3

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  • Summary

  • Financial infrastructure is an obtuse and arcane subject, and I’m always grateful to talk things through with a specialist like Robert Greene. Central Bank Digital Currencies (CBDCs) are a topic we’ve discussed at length before, but it seems recent events have really pushed them to the forefront. I do want to emphasize the views below are mine and not necessarily Robert’s – check out the video to learn more: https://www.youtube.com/watch?v=qjADjlJd90Q. CBDCs have always been mystifying to me. Let’s be honest, almost no one has any idea what a CDBC really is. The various schemes that have been thrown around vary widely in both function and specificity. Libra has shifted significantly since it was announced and has given up on its original goal of a multi-asset backed global currency, opting for the much simpler design of digital versions of existing currencies. It reminds me a lot of my favorite definition of AI: “AI is what computers do in movies.” In that same vein,
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