This week, Dave was asked by the Centre for the Study of Financial Innovation (for whom he is a member of the Governing Council) to deliver a quick explainer video on Stablecoins. As CSFI director, Andrew Hilton, explains “there are about $117 billion of various sorts of so-called stablecoin out there – and some serious folk worry about the systemic implications. Not (necessarily) Dave Birch, who acknowledges that there are scams, and that there is a need for regulation – but who also believes there is a solid case for digital ‘coins’ that can be used in so-called ‘smart’ contracts”. Watch the video here:
Here is Dave’s latest video snippet all about how digital currency is a form of electronic cash, not another layer on top of electronic money.