~/talk

The Coming Digital Currency Wars

Talkat Consensus 2022 · 2022-06-09..06-12· [machine-learning]

speakers

name:J. Christopher Giancarlo

links:none on file

name:Neha Narula

links:none on file

name:Emily Parker

resources

video:https://youtu.be/zt1VkulEezY

slides:none on file

summary

105 countries experiment with CBDC, 10 have launched, and China already puts its digital yuan in 250 million users; the panel gives concrete tradeoffs: privacy tech like zero-knowledge proofs, multi‑party computation and homomorphic encryption can protect transactions, while a digital bearer instrument promises programmable money, instant cross‑border rails and financial inclusion for ~1.5 billion people without credentials. Claims: current cross‑border fees eat 2–3% of world GDP; prototypes with Fed/Boston/MIT collaboration test architectures and policy choices now so deployment can preserve constitutional privacy or enable surveillance.

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