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Governments vs. Networks: The Battle for the Soul of Finance
Governments have significant discretion over economics and finance today, but decentralized network-driven alternatives threaten that control.
Governments have significant discretion over economics and finance today, but decentralized network-driven alternatives threaten that control.
STORY CONTINUES BELOW
For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.
This episode is sponsored by Crypto.com, Bitstamp and Nexo.io.
Today on the Brief:
- Kraken is the first crypto exchange to become a U.S. bank
- FTC preparing antitrust lawsuit against Facebook
- Gold-standard fan Judy Shelton doesn’t have the votes to be confirmed as Federal Reserve governor
Our main discussion: The battle for the soul of finance.
In this episode, NLW looks at the power competition between governments on the one hand and the decentralized network-driven finance alternatives that would reshape that power. Interestingly, in this competition corporations may play a role that benefits both sides at different times and in different ways.
See also: The Decade of the Living Dead: How Zombie Companies Are Robbing Tomorrow’s Economy
For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.
Note: The views expressed in this column are those of the author and do not necessarily reflect those of CoinDesk, Inc. or its owners and affiliates.
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.
