BREAKDOWN: Could Local Digital Currencies Improve Communities?
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 22 May 2022
⏱️ 17 minutes
🧾️ Download transcript
Summary
That's the argument of the president of the RadicalxChange Foundation.
This episode is sponsored by Nexo.io, NEAR and FTX US.
On this week's “Long Reads Sunday,” NLW reads “Let’s Use New Forms of Money to Commit to Our Communities.”
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“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsors is “Catnip” by Famous Cats and “I Don't Know How To Explain It” by Aaron Sprinkle. Image credit: yuoak/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.
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Transcript
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| 0:00.0 | Welcome back to The Breakdown with me, NLW. |
| 0:09.1 | It's a daily podcast on macro, Bitcoin, and the big picture power shifts remaking our world. |
| 0:15.0 | The breakdown is sponsored by nexo.io, near an FtX, and produced and distributed by CoinDesk. |
| 0:22.7 | What's going on, guys? It is Sunday, May 22nd, and that means it's time for Long |
| 0:27.7 | Reads Sunday. Before we get into that, however, a quick piece of housekeeping. There are two |
| 0:33.3 | ways to listen to the Breakdown podcast. You can listen on the Coin Desk podcast network feed, |
| 0:38.6 | which features both the breakdown as well as other great Coin desk shows, or you can listen on |
| 0:42.9 | the breakdown only feed. Both of them come out the same day. The breakdown feed just comes out a few |
| 0:47.6 | hours later in the evenings. Wherever you are listening, if you're enjoying the show, I would |
| 0:52.3 | really appreciate if you leave a rating or a review. |
| 0:55.1 | It makes a big difference. |
| 0:57.1 | Finally, a disclosure as always. |
| 0:59.4 | In addition to them being a sponsor of the show, I also work with FTX. |
| 1:03.9 | Now, today we are reading a piece by Matt Pruitt, who is the president of the Radical Exchange Foundation. |
| 1:09.8 | And it's about the way that local |
| 1:11.3 | currencies, local digital currencies, could transform how we commit to our IRL communities. |
| 1:17.0 | I will use this as a chance to do my normal reminder that me sharing pieces on LRS does not |
| 1:22.7 | mean I necessarily agree with them. |
| 1:25.1 | I think that there is so much that's challenging in what Matt says |
| 1:28.4 | in terms of practical realities and how the world is changing and how digital communities are |
| 1:33.0 | supplanting geographic and local communities. But I think that the discussion that he provokes |
| 1:37.9 | is one that's worth having and probably needs to include people with lots of different perspectives. |
... |
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