Libre Not Libra: Facebook's Blockchain Project
Channel: aantonop
Date: 2019-07-06

In this talk, Andreas answers the burning question... has he tried haggis? Just kidding. What should we make of Facebook's Libra whitepaper? Will it survive to become a production network? Why is Silicon Valley coming for banking? Does it change anything about the regulatory environment faced by open public blockchains?

This talk is featured in The Internet of Money volume 3, which can be purchased in multiple languages in paperback, ebook, or audiobook: https://aantonop.io/tiomv3ebooks/

Chapters
0:00 Introduction
1:37 Facebook launched Libra
2:52 Facebook released a whitepaper
10:50 Three-body problem
13:21 Is Facebook's Libra a cryptocurrency or not?
14:46 The era of internet currency
16:58 The first to be affected by this are retail banks
18:48 Facebook is now going after central banks 
21:03 Special drawing rights
22:30 The power to control money
24:02 The fundamental principles
39:30 As a technologist, I'm excited to see how technological systems change the world. As a human being, I am horrified.

This talk was delivered on June 19th 2019 for the Scottish Blockchain Meetup at Craiglockhart Campus in Edinburgh, Scotland: https://aantonop.com/event/community-event-edinburgh/

RELATED:
Facebook's Libra Blockchain - https://youtu.be/OjTQAkem-VU
The Five Pillars of Open Blockchains - https://youtu.be/qlAhXo-d-64
Why Open Blockchains Matter - https://youtu.be/uZPIz3ArQww
Blockchain versus Bullshit - https://youtu.be/SMEOKDVXlUo
Measuring Success: Price or Principle - https://youtu.be/mPMsbgWl9p4
Bitcoin's Origins and the Genesis Blockade - https://youtu.be/cagoyF3WePo
Security versus Complexity - https://youtu.be/M82t5wZG3fc
Decentralised Globalisation - https://youtu.be/QoiR4aNbTOw
Investing in Education instead of Speculation - https://youtu.be/6uXAbJQoZlE
Beyond Price: Bitcoin's Impact on the Future - https://youtu.be/rvwVbRQ5Ysc
Decentralized Globalisation - https://youtu.be/QoiR4aNbTOw
Black Markets, White Markets: A False Narrative - https://youtu.be/g9Io3z3lYpg
Escaping the Global Banking Cartel - https://youtu.be/LgI0liAee4s
Money as a System-of-Control - https://youtu.be/FyK4P7ZdOK8

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Music: "Unbounded" by Orfan (https://twitter.com/grassfedbitcoin)
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