Hi John,
We've just launched a new report ‘Money We Trust: Designing Cash’s Digital Counterpart’.
In the face of technological innovation and declining cash use, we need a new kind of money fit for the 21st century. And with Covid-19 highlighting the problems with our privatised and precarious money and banking system, the time is ripe for a central bank digital currency.
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We launched our report with a webinar to a virtual audience of over 300 people from around the world, with a line-up of speakers including Financial Times’ Alphaville editor Izabella Kaminska, President of the Modern Money Network Rohan Grey, economist Frances Coppola, Executive Director Fran Boait, and myself, which you can now watch on YouTube or Facebook.
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Hot topics amongst panelists and audience members included concerns over anonymity, balancing the design of a perfect system with be able to launch it quick enough to compete with Facebook’s Libra, and whether a CBDC could be used to deliver a universal basic income. For a full write-up of the webinar check out our latest blog.
In these challenging times, radical policies we may once have thought impossible are now being rolled out in a matter of weeks. Now is the perfect time to be talking about real solutions to the biggest problems we face in the 21st century and CBDC is one of them. Launching digital cash would be an important step towards a fairer economy and a safer money system for everyone.
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We’re very grateful to everyone who tuned in for the webinar, and we look forward to debating our proposals in the months ahead!
Many thanks for all that you do,
Zack, Hannah and the rest of the Positive Money team
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Positive Money relies on donations from generous individuals like you to carry out our research, education work and campaign for a fairer money and banking system. Please will you make a secure donation now so together we can win sooner?
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