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How Facebook’s new cryptocurrency could reshape the global economy

Fintech Beat podcast, Episode 9

Facebook's announcement that they are launching a new cryptocurrency has created a stir in the world of financial technology . (Jack Taylor/Getty Images file photo)
Facebook's announcement that they are launching a new cryptocurrency has created a stir in the world of financial technology . (Jack Taylor/Getty Images file photo)

Facebook’s new cryptocurrency, Libra, has inspired unprecedented interest in digital assets as a means of making cross-border payments. But could Libra spark chaos in monetary markets, and hamstring central bankers? 

 

How important is trust in Facebook necessary for the cryptocurrency, and also economic stability? 

 

Fintech Beat asks one of the top economists in the world — Glenn Hubbard, former Dean of the Columbia Business School — for his views on all this and more, in this edition of the podcast. 

 

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