Nicholas Anthony

Nicholas Anthony from the Cato Institute joins to discuss CBDCs, including arguments for and against, concerns in implementing a retail version, costs of development, legislative developments, concerns surrounding CBDCs, and prospects and challenges.

Nicholas Anthony, an expert in the interplay between cryptocurrency and politics, dives into the intricate landscape of the 2024 election. He discusses how candidates are navigating the complex political waters of crypto, with a focus on the contrasting stances of key figures like the Vice President and Donald Trump. The conversation highlights skepticism surrounding political promises in the crypto realm, while also offering practical recommendations for improving U.S. cryptocurrency policy, such as eliminating capital gains taxes and protecting self-custody rights.

Nicholas Anthony, a policy analyst at the Cato Institute and expert on debanking, dives into the troubling realities of financial exclusion faced by marginalized groups. He discusses how federal regulations create barriers to banking, sometimes targeting ideological opponents. The conversation highlights the complexities of regulatory pressure that can lead banks to close accounts to avoid compliance issues. Anthony also advocates for legislative reforms to protect vulnerable populations and ensures a more equitable banking system.

Nicholas Anthony, a policy analyst at the Cato Institute and fellow at the Human Rights Foundation, dives into the world of Central Bank Digital Currencies (CBDCs). He explores the historical evolution of CBDCs and discusses their challenges, risks, and varying types. The conversation also touches on privacy concerns linked to government surveillance and recent legislative moves. Anthony emphasizes the need for public awareness around the implications of CBDCs and the complexities of cross-border payments, questioning if they truly solve existing financial issues.

Nicholas Anthony, author of 'Digital Currency or Digital Control?: Decoding CBDC and the Future of Money', challenges the arguments in favor of central bank digital currencies (CBDCs) in his new book. He discusses concerns about surveillance, control over money usage, loss of privacy, and the impact of CBDCs on financial control and increased surveillance. The podcast highlights the need for public awareness and opposition to CBDCs to prevent undesired repercussions in the monetary system.