Total 180 Posts
While technological change has been incredibly fast in the information era, the system of international payments has lagged behind. But once sovereign digital currencies start taking off, this will suddenly change.
The biggest indicator of how our countries and cities will look is, most probably, policies we are putting in place today to govern digital technology and not necessarily the technology itself.
Despite Libra currently being on shaky ground after several partners pulled out, Facebook remains on course to become a virtual nation state given not only Libra as a currency, but the company's pursuit to develop an open standard for digital IDs.