101. Libra: Facebook's world domination

June 20, 2019
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55min listen

101. Libra: Facebook's world domination

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We. Are. Here. Today we bring you: Zuckerberg's world domination plans, Block.One's social media platform and an amazing interview with Wei Shou from Binance!

In today's episode, Simon and Sarah are joined by a host of brilliant guests and friends of the show, to talk about the latest and greatest news in blockchain, which this week largely involves Facebook! Today's guests include:

  • Teana Baker-Taylor, GDF Executive director
  • Anthony Macey, Director of Emerging Technology at Barclays

First up we take a look at Facebook's big news! So, has Facebook just started the next generation payment network? Libra is a "low volatility" cryptocurrency and Facebook said they are mainly working on addressing two problems: banking the unbanked and transferring money globally. So, what does this mean for the cryptocurrency ecosystem? Is this going to propel virtual assets into the mainstream? (01:02)

Next up, we talk about how Block.One launching a social media platform! The platform is called Voice, and is currently raising $150m to launch. So, social pursues crypto, and now crypto is pursuing social? Is this a trend we will see more of? The panel argues that whilst it is an interesting move into micropayments within a social media platforms, it remains to be seen whether it will be successful or not. (26:19)

We also have a great Tweet of the Week from @mdm_z on Facebook’s new initiative name and how it's not working down under... (30:40)

Before we leave you, we have another awesome interview, this time from the mainstage at Money20/20 where Simon was joined by Wei Zhou, CFO over at Binance! (31:46)

All this and so much more on this week's episode of Blockchain Insider. And why not send us your best tweets? See if you can get a shout out on the show!
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We hope you enjoy the show and, as ever, don't forget to subscribe!
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Want to join the conversation on all the topics discussed? Tweet the show @bchaininsider and if you really love the show, please leave us a review on iTunes.
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This week's episode of Blockchain Insider was produced by Laura Watkins and Petrit Berisha. Edited by Alex Woodhouse.

Special Guests: Anthony Macey and Teana Baker-Taylor.

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