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Why 'Crypto Dad' Is Building the Digital Dollar Foundation
With the proverbial digital currency barbarians at the gate, ex-CFTC chair Christopher Giancarlo launches a digital dollar initiative.
As Libra continues to spur discussions among regulators around the world, and China’s digital yuan comes ever closer to fruition, the U.S. Federal Reserve seems disinclined to look seriously at a digital dollar. Ex-CFTC Chair Chris Giancarlo – aka “Crypto Dad” – isn’t waiting around. He has teamed with Accenture to launch a new non-profit, the Digital Dollar Foundation.
STORY CONTINUES BELOW
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As crypto continues to evolve, it does so in sometimes divergent directions. Gemini announced a new insurance company designed to make big institutions more comfortable with the space. Zcash, meanwhile, released an updated SDK to make it easier to shield transactions via mobile. Can the privacy-preserving side of crypto co-exist, ultimately, with the sanguine institutional side?
Finally, we revisit our discussion of personal tokens and ISAs, as well as look at the latest research from Coin Metrics on whether bitcoin is behaving like a safe-haven asset.
Articles discussed in this episode:
Former CFTC head Giancarlo launches Digital Dollar Foundation
Gemini creates an insurance company with a $200 million limit to protect clients
Nathaniel Whittemore
NLW is an independent strategy and communications consultant for leading crypto companies as well as host of The Breakdown – the fastest-growing podcast in crypto. Whittemore has been a VC with Learn Capital, was on the founding team of Change.org, and founded a program design center at his alma mater Northwestern University that helped inspire the largest donation in the school’s history.
