26 min listen
Oversight or Overreach? Debating the pros and cons of CBDC
FromMission Daily
ratings:
Length:
39 minutes
Released:
May 18, 2023
Format:
Podcast episode
Description
Is the world really ready for one centralized, government-run financial system? Skeptics believe we already have one, and they may not be far off the truth. This week, Steph and Albert dive into the topic of central bank digital currency (CBDC), a unified ledger, and how this would give governments unprecedented insight into where its money is going, and how consumers are spending it.Of course, with such oversight of spending comes a larger discussion of power, and how more of it will shift to the government. Not only will it be able to more accurately monitor your spending, but it will also have the power to determine how you’re spending your share of the nation’s digital currency. With no apparent checks and balances in place, will your money ever truly be yours? And are decentralized currencies a better, more independent option?Yes, the term “new money” has taken on a different meaning. And we’d love to hear your thoughts on how these looming changes are impacting you, your families, and your businesses. Drop us a line at info@mission.org to weigh in. MentionsBitcoinCapital OneBank of AmericaIMFBISBlackrockGoldman SachsVanguardFidelityElon MuskFedExLawrence Livermore National LaboratoryTikTok
Released:
May 18, 2023
Format:
Podcast episode
Titles in the series (100)
Pt. 1 - Reading Books Will Help You Build These 7 Habits: “Books are the training weights of the mind” –Seneca Books are a powerful technology that allow us to do more with less. By taking the time to quiet the mind and read, we unintentionally build positive habits that will help in all other aspects... by Mission Daily