As always here are the topics we’ll be discussing today:

1. First we discuss Facebook’s congressional hearing.
2. We break down the Libra Association and how it impacts the monetary system.
3. We then discuss the difference between Libra and Bitcoin from the banking perspective.
4. Topic number 4 is on Fractional Reserve Banking and how this effects Libra.
5. Finally Elon unveils Neuralink

Lets jump right it!

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Music by OfDream - Thelema

Facebook was asked to visit congressman at the House of Representatives to discuss their initiative on Libra and their for-profit application called Calibra. William and Iman break down some of the questions David Marcus from Calibra received from Senator at the hearing. The Libra association is a group of up to 100 companies designated as nodes on the network to verify Libra transactions. We discuss how an association like Libra can disrupt fiat currency. This leads our discussion into fractional reserver banking and how Libra could accelerate the collapse of the US dollar. Finally, we get into the implications and future iterations of Elon’s new company, Neuralink.

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