In this talk, Andreas answers the burning question... has he tried haggis? Just kidding. What should we make of Facebook's Libra whitepaper? Will it survive to become a production network? Why is Silicon Valley coming for banking? Does it change anything about the regulatory environment faced by open public blockchains?

This talk is featured in The Internet of Money volume 3, which can be purchased in multiple languages in paperback, ebook, or audiobook: https://aantonop.io/tiomv3ebooks/

Chapters
0:00 Introduction
1:37 Facebook launched Libra
2:52 Facebook released a whitepaper
10:50 Three-body problem
13:21 Is Facebook's Libra a cryptocurrency or not?
14:46 The era of internet currency
16:58 The first to be affected by this are retail banks
18:48 Facebook is now going after central banks
21:03 Special drawing rights
22:30 The power to control money
24:02 The fundamental principles
39:30 As a technologist, I'm excited to see how technological systems change the world. As a human being, I am horrified.

This talk was delivered on June 19th 2019 for the Scottish Blockchain Meetup at Craiglockhart Campus in Edinburgh, Scotland: https://aantonop.com/event/community-...

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Music: "Unbounded" by Orfan (  / grassfedbitcoin  )
Outro Graphics: Phneep (http://www.phneep.com/)
Outro Art: Rock Barcellos (http://www.rockincomics.com.br/)
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