Don't Fear the Libra - DTNS SPECIAL
Daily Tech News Show
Tom Merritt
4.8 • 1.5K Ratings
🗓️ 10 August 2019
⏱️ 29 minutes
🧾️ Download transcript
Summary
We talk with Tonya M. Evans, Associate Dean of Academic Affairs and Professor of Law, Director, Blockchain, Cryptocurrency & Law Certificate Program at the UNH Franklin Pierce School of Law about Libra, its misconceptions, why it's not truly a cryptocurrency and what the future may hold for it.
What are in your view the main misconceptions about Libra?
What in your view are the main problems/challenges for Libra
What would the reception of Libra be if Facebook wasn't involved?
Could something like Libra take off without Facebook behind it?
- Walmart's new patent filing signaling they may follow in FB's footsteps. (pegged to dollar, stored value card, not global, just a patent for now)
"Generating one digital currency unit by tying the one digital currency unit to a regular currency; storing information of the one digital currency unit into a block of a blockchain; buying or paying the one digital currency unit.”
https://cointelegraph.com/news/walmart-is-trying-to-patent-its-own-libra-like-digital-currency
What already exists that is similar to Libra?
Tell me a little about the Blockchain Cryptocurrency & Law online professional certificate program (law.unh.edu/blockchain).
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Transcript
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| 0:00.0 | A tech demo shows off the usual tech things. |
| 0:03.7 | Then I'm going to jump to a link using the usual tech devices. |
| 0:07.0 | We have a pointing device called a mouse. |
| 0:09.0 | Doing the usual tech productivity tasks. |
| 0:11.4 | Now we're connected audio. You can see my work, you can point at it, and I can see |
| 0:15.7 | your face and we can talk. Except it's 1968 and it's going to set the computing agenda for the |
| 0:20.5 | next half century, then almost immediately be ignored. |
| 0:24.4 | The mother of all demos on NOAA Little More. |
| 0:27.6 | Get it wherever you get your podcasts. Are you receiving tax credits? |
| 0:34.0 | If so, this message is for you. |
| 0:37.0 | Tax credits are coming to an end, and most people will be asked |
| 0:40.0 | to apply for universal credits instead. |
| 0:42.0 | The Department for Work and Pensions is writing to tell you. to apply for universal credit instead. |
| 0:42.6 | The Department for Work and Pensions is writing to tax credit claimants. |
| 0:46.7 | You won't be moved automatically, so look out for your letter explaining what you'll need |
| 0:50.4 | to do and by when. |
| 0:52.0 | And there's also lots of support to help you make the move. |
| 0:54.8 | Get ready for your Universal Credit Switchover. |
| 0:57.6 | Search Understanding Universal Credit today. Eligibility criteria apply. |
| 1:02.4 | They're not authors, but they help you share. Today, eligibility criteria apply. |
| 1:03.0 | They're not authors, but they help you shape your financial story. |
| 1:06.7 | They're not an airline, but they connect global businesses |
... |
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