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	Podcast:		The What Bitcoin Did Podcast: Bitcoin & Crypto Trading \| Strategy \| Business \| Mining
	Episode:		Bill Barhydt on Libra: The Dawn of Corporate Money
	Category:		Business
	Duration:		00:00:00
	Publish Date:		2019-08-30 07:05:31
	Description:		Where to find the show iTunes \| Spotify \| Stitcher \| SoundCloud \| YouTube \| TuneIn \| RSS Feed Download Episode MP3 File The file will open in a new window. Click down arrow to download the file. “We’ve had so many new people talking about Bitcoin that wasn’t talking about it before. Users, politicians, banks, it’s awesome… and it’s just early days.” — Bill Barhydt Location: Palo Alto Date: Wednesday, 24th August Project: Abra Role: CEO & Founder Facebook announced in June that they would be launching Libra, with the mission of enabling a "simple global currency and financial infrastructure that empowers billions of people". Libra proposes a permissioned blockchain, meaning that unlike Bitcoin it isn't a decentralised project as control over the network is governed by the Libra Association. With these unique properties, Libra doesn't fit into the government-issued fiat financial model or the decentralised and trustless Bitcoin model instead. Libra is the dawn of a new type of money, the dawn of corporate money. Libra has not come without criticism, from central banks to governments to the cryptocurrency community and even the President of the United States, the announcement has ruffled feathers. Following two days of hearings in DC, where the head of Libra faced questions from Congress, there is still regulatory uncertainty regarding the currency. Other governments have also been pushing back, and there are rumours that some of Libra Association Founding Members are backing out. Will Libra even launch? If so, will it revolutionise money? To kick-off the What Bitcoin Did Libra series I am joined by Bill Barhydt, the CEO and Founder of Abra. We discuss why Facebook is launching Libra, why they didn't use Bitcoin and why Bill considers Libra as positive. TIMESTAMPS Coming soon… SUBSCRIBE TO THE EMAIL LIST New podcasts, blog posts and a daily newsletter covering all the latest Bitcoin news. Email Address Thank you! SUPPORT THE SHOW If you enjoy The What Bitcoin Did Podcast you can help support the show my doing the following: Become a Patron and get access to shows early or help contribute Make a tip: Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2S QR Codes: Bitcoin \| Ethereum \| Litecoin \| Monero \| ZCash \| Ripplecoin If you do send a tip then please email me so that I can say thank you Subscribe on iTunes \| Spotify \| Stitcher \| SoundCloud \| YouTube \| TuneIn \| RSS Feed Leave a review on iTunes Share the show and episodes with your friends and family Subscribe to the newsletter on my website Follow me on Twitter Personal \| Twitter Podcast \| Instagram \| Medium \| YouTube If you are interested in sponsoring the show, you can read more about that here or please feel free to drop me an email to discuss options. SPONSORS SHOW NOTES Connect with Bill: On Twitter @billbarhydt On Crunchbase On LinkedIn On Medium Connect with Abra On Twitter @AbraGlobal On LinkedIn On YouTube On Reddit Their Website Mentioned in the interview: Cambridge Analytica Libra Libra Whitepaper Money 3.0 Podcast by Abra Microsoft Hailstorm Lightning Network Multisignature Rich Roll Podcast Other relevant WBD podcasts: WBD118: Caitlin Long on Why Facebook's Libra Coin is Good for Bitcoin WBD073: Bill Barhydt on How ABRA Is Building a Global Bank With Bitcoin THANKS A big thanks to my WBD Maximalist Patrons for helping support the show: JP Petit, Logan Shultz, Seb Walhain, Steve Foster, Tony, Gordon Gould, David Burlington, Jesse Powell, Bitcoin Tina, BitHyve and Wiel Menger.
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