The Breakdown With NLW Episode

No, the Digital Dollar Won't Kill Bitcoin

Why CBDCs are growing as a focus for governments, and what impact they’ll really have on bitcoin.

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ABOUT

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Why CBDCs are growing as a focus for governments, and what impact digital dollars or yuan could really have on bitcoin.

This episode is sponsored by Nexo.io and Casper.

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CBDCs and the digital dollar

On today’s episode, NLW provides a 101-style overview of central bank digital currencies, looking at:

  • Why governments are interested in CBDCs
  • Why Facebook’s libra announcement accelerated CBDC development the world over
  • Why China’s CBDC efforts are driven by an attempt to shift power in the U.S. dollar-led global economy
  • How the U.S.’ rhetoric around a digital dollar CBDC is changing
  • Why CBDCs are likely to be good for bitcoin

See also: What Governments Should Do in the Coming Global Monetary Competition

Image credit: Overearth/iStock/Getty Images Plus

HOST

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.

Nathaniel Whittemore