Digital Currencies and the Future of Money
Episode 1, Jun 21, 2022, 01:21 PM
In episode 1, podcast host Jannah Patchay, Policy Lead and one of the originating members of the Digital Pound Foundation is in conversation with Lee McNabb, Payments Strategy Lead at NatWest.
In this introductory episode, Jannah and Lee discuss some of the key questions often asked about digital currency such as: what is a digital currency? How does it differ from the money we have today? And what's the difference between digital currency and cryptocurrencies like Bitcoin? What can we do with digital currencies that we can't do today And what impact might digital currencies have on our financial system more broadly?
In this introductory episode, Jannah and Lee discuss some of the key questions often asked about digital currency such as: what is a digital currency? How does it differ from the money we have today? And what's the difference between digital currency and cryptocurrencies like Bitcoin? What can we do with digital currencies that we can't do today And what impact might digital currencies have on our financial system more broadly?
SHOW NOTES
SHORT SUMMARY
Jannah Patchay, Policy Lead and one of the Originating Members of the Digital Pound Foundation is in conversation with Lee McNabb, Payments Strategy Lead at NatWest. In this introductory episode, Jannah and Lee discuss some of the key topics about digital currencies.
🎧Link to the podcast: https://digitalpoundfoundation.com/poundcast-episode-1-digital-currencies-and-the-future-of-money-with-lee-mcnabb-of-natwest/
HIGHLIGHTS
▶ What is digital currency? How does it differ from the money we have today? And what's the difference between #digitalcurrency and #cryptocurrencies like Bitcoin?
▶ What's the difference between public and private forms of digital currency? What can we do with digital currencies that we can't do today?
▶ What impact might digital currencies have on our financial system? What impact might they have on businesses and consumers?
▶ Why might a country want to have a #CBDC?
▶ What sorts of things might banks be thinking about, when it comes to the emergence of digital currencies?
▶ What's the difference between public and private forms of digital currency? What can we do with digital currencies that we can't do today?
▶ What impact might digital currencies have on our financial system? What impact might they have on businesses and consumers?
▶ Why might a country want to have a #CBDC?
▶ What sorts of things might banks be thinking about, when it comes to the emergence of digital currencies?
TO GO FURTHER
Visit https://digitalpoundfoundation.com/
Visit https://digitalpoundfoundation.com/
TIMESTAMPS
[00:00:00] Intro
[00:01:29] Introducing Lee McNabb - Natwest
[00:03:17] How do we differentiate between digital currency and other types of money?
[00:06:51] Why should we want digital currencies?
[00:11:56] Learnings from central banks about digital currencies
[00:20:28] Potential Impact of digital currencies on the financial ecosystem
[00:27:19] The UK regulatory perspective
[00:31:03] How are digital currencies going to impact our lives?
[00:33:55] Conclusion
[00:00:00] Intro
[00:01:29] Introducing Lee McNabb - Natwest
[00:03:17] How do we differentiate between digital currency and other types of money?
[00:06:51] Why should we want digital currencies?
[00:11:56] Learnings from central banks about digital currencies
[00:20:28] Potential Impact of digital currencies on the financial ecosystem
[00:27:19] The UK regulatory perspective
[00:31:03] How are digital currencies going to impact our lives?
[00:33:55] Conclusion