<p>Facebook recently announced that it will launch its own cryptocurrency called Libra in 2020. Join host Everett Millman as he breaks down the possible implications for the financial system and how a Libra stablecoin compares to existing government-issued currencies. He also details why the broader cryptocurrency market is likely to reject Libra due to its centralized nature and fiat currency backing.</p>

Facebook recently announced that it will launch its own cryptocurrency called Libra in 2020. Join host Everett Millman as he breaks down the possible implications for the financial system and how a Libra stablecoin compares to existing government-issued currencies. He also details why the broader cryptocurrency market is likely to reject Libra due to its centralized nature and fiat currency backing.

Facebook’s Libra Cryptocurrency: What’s the Big Deal?

Breaking the Dollar is a podcast that uses fascinating stories and real-life examples to reveal valuable insights about gold and silver, investing, financial markets, bullion coins, and trends in our monetary system. Precious metals expert Everett Millman shares his unique perspective from nearly a decade of first-hand experience working in the industry. Money is an ever-present part of our lives, but its ubiquity doesn’t make it any easier to understand! There are many fundamental questions about money we tend to take for granted: What gives money value? What kinds of things have been used as money historically? Are gold, silver, and precious metals still considered money? Will cryptocurrencies like Bitcoin revolutionize the way money works? Find all of these answers on Breaking the Dollar -- and have some fun along the way!

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Facebook’s Libra Cryptocurrency: What’s the Big Deal?

Facebook’s Libra Cryptocurrency: What’s the Big Deal?