101. Libra: Facebook's world domination

55min listen

We. Are. Here. Today we bring you: Zuckerberg's world domination plans, Block.One's social media platform and an amazing interview with Wei Shou from Binance!

In today's episode, Simon and Sarah are joined by a host of brilliant guests and friends of the show, to talk about the latest and greatest news in blockchain, which this week largely involves Facebook! Today's guests include:

  • Teana Baker-Taylor, GDF Executive director
  • Anthony Macey, Director of Emerging Technology at Barclays

First up we take a look at Facebook's big news! So, has Facebook just started the next generation payment network? Libra is a "low volatility" cryptocurrency and Facebook said they are mainly working on addressing two problems: banking the unbanked and transferring money globally. So, what does this mean for the cryptocurrency ecosystem? Is this going to propel virtual assets into the mainstream? (01:02)

Next up, we talk about how Block.One launching a social media platform! The platform is called Voice, and is currently raising $150m to launch. So, social pursues crypto, and now crypto is pursuing social? Is this a trend we will see more of? The panel argues that whilst it is an interesting move into micropayments within a social media platforms, it remains to be seen whether it will be successful or not. (26:19)

We also have a great Tweet of the Week from @mdm_z on Facebook’s new initiative name and how it's not working down under... (30:40)

Before we leave you, we have another awesome interview, this time from the mainstage at Money20/20 where Simon was joined by Wei Zhou, CFO over at Binance! (31:46)

All this and so much more on this week's episode of Blockchain Insider. And why not send us your best tweets? See if you can get a shout out on the show!

We hope you enjoy the show and, as ever, don't forget to subscribe!

Want to join the conversation on all the topics discussed? Tweet the show @bchaininsider and if you really love the show, please leave us a review on iTunes.

This week's episode of Blockchain Insider was produced by Laura Watkins and Petrit Berisha. Edited by Alex Woodhouse.

Special Guests: Anthony Macey and Teana Baker-Taylor.