BREAKDOWN: Why 'Crypto Dad' Is Building the Digital Dollar Foundation

CoinDesk Podcast Network

English - January 16, 2020 20:01 - 16 minutes - 14.7 MB - ★★★★★ - 39 ratings
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Previous Episode: BREAKDOWN: Why Crypto's 'Rogue State' Narrative is a Risk to the Industry

Next Episode: BREAKDOWN: Tyrone Ross on Why Financial Advisors Are Taking Notice Of DeFi

As Libra continues to spur discussions among regulators around the world, and China’s digital yuan comes ever closer to fruition, the U.S. Federal Reserve seems disinclined to look seriously at a digital dollar. Ex-CFTC Chair Chris Giancarlo - aka “Crypto Dad” - isn’t waiting around. He has teamed with Accenture to launch the nonprofit Digital Dollar Foundation.

As crypto continues to evolve, it does so in sometimes divergent directions. Gemini announced a new insurance company designed to make big institutions more comfortable with the space. Zcash, meanwhile, released an updated SDK to make it easier to shield transactions via mobile. Can the privacy-preserving side of crypto co-exist, ultimately, with the sanguine institutional side?

Finally, we revisit our discussion of personal tokens and ISAs, as well as look at the latest research from Coinmetrics on whether bitcoin is behaving like a safe haven asset.

Topics discussed:

Former CFTC head Giancarlo launches Digital Dollar Foundation

Gemini creates an insurance company with $200m limit to protect clients

Coinmetrics examines bitcoin safe haven narrative

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