Bloomberg New Economy Conversations with Andrew Browne
The Ascent of Digital Money
April 20, 10 am ET
Covid-19 has accelerated a monetary revolution. China is at the forefront, launching the world’s first central bank-issued digital currency. Bitcoin is rocketing in value, although debate rages over whether it is “digital gold” — a hedge against inflation at a time of rampant government spending— or fool’s gold. Can digital money reshape the architecture of the global financial system? Will it empower individuals and small businesses at the expense of big banks? And will blockchain technology replace the modern corporation with more fluid — and more accountable — alternatives?