The Battle of Digital Currencies: Digital Dollar vs. Facebook's Libra
summary
Digital Dollar Project argues for a US central bank digital currency that is privacy by design with programmable rules to speed relief payments and cross-border settlement, while Libra Association pushes an open-source, wallet-driven stablecoin model with low switching costs and member-run governance; both endorse public–private interoperability, emphasize wallet-level compliance rather than network surveillance, and report progress on code, governance drafts and regulatory engagement though no scaled live system yet.
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chapters (9)
- 0:00Intro
- 1:20Why a Digital Dollar
- 4:10Digital Dollar vs Libra
- 5:20Financial Inclusion
- 7:00Privacy
- 9:45Privacy in tech
- 12:00Open source
- 14:00Facebook control
- 16:00Solutions
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