01:05:57

CryptoCRYPTOVERSE

The Global Move Toward Central Bank Digital Currencies

Featuring Ryan Todd, Michael Rogers, and Ash Bennington

Jan 25, 2021 • 65 minutes

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Crypto

CRYPTOVERSE

The Global Move Toward Central Bank Digital Currencies

Ryan Todd and Michael Rogers join Ash Bennington to CBDCs, existing monetary policy, and first movers in the digitization of fiat dollars.

Featuring Ryan Todd, Michael Rogers, and Ash Bennington

Jan 25, 2021 • 65 minutes

Ryan Todd and Michael Rogers, research analysts at The Block, join Ash Bennington, Real Vision senior editor, to discuss central bank digital currencies (CBDCs), existing monetary policy, and first movers in the digitization of fiat dollars. They explain that there is growing interest from governments around the world to experiment with CBDCs. Until recently, much of their development is happening behind the scenes with little public attention. Todd describes the current implementation of monetary policy, focusing on the recent rapid increase in money printing and how digital versions of the dollar would enable central banks to enact policy with more speed and less friction. They discuss one of the leaders in CBDCs, the Bahamas and their "Sand Dollar", as well as how other countries that have been slow to act and yet are increasingly interested in digitizing their own currencies are pursuing the adoption of CBDCs. Filmed on January 20, 2021. Key Learnings: As governments and central banks have taken a strong interest in digitizing their fiat currencies, some countries have taken the lead in creating and experimenting with digital fiat currencies while others, like the United States, are taking slower, more reserved steps. Digital fiat will enable smoother implementation of monetary and fiscal policy; at the same time, they'll also be onboarding entire countries into the digital asset economy, potentially spurring on greater adoption of crypto assets as a whole. Show More

In the fast-moving world of cryptocurrency, Real Vision CRYPTOVERSE works at an accelerated pace to keep you ahead of market swings and ever-evolving innovations. Crypto's smartest minds sit down for in-depth discussions covering everything from the blockchain and DeFi to NFTs, Web 3.0., the Metaverse, and what's still beyond the visible horizon.

More Episodes

In the fast-moving world of cryptocurrency, Real Vision CRYPTOVERSE works at an accelerated pace to keep you ahead of market swings and ever-evolving innovations. Crypto's smartest minds sit down for in-depth discussions covering everything from the blockchain and DeFi to NFTs, Web 3.0., the Metaverse, and what's still beyond the visible horizon.

More Episodes

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