Governments vs. Networks: The Battle for the Soul of Finance

<p><span style="font-weight: 400;">Today on the Brief:</span></p> <ul> <li style="font-weight: 400;"><span style= "font-weight: 400;">Kraken is the first crypto exchange to become a U.S. bank</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">FTC preparing antitrust lawsuit against Facebook</span></li> <li style="font-weight: 400;"><span style= "font-weight: 400;">Gold-standard fan Judy Shelton doesn’t have the votes to be confirmed as Federal Reserve governor </span></li> </ul> <p><span style="font-weight: 400;">Our main discussion: The battle for the soul of finance. </span></p> <p><span style="font-weight: 400;">In this episode, NLW looks at the power competition between governments on the one hand and the decentralized network-driven finance alternatives that would reshape that power. Interestingly, in this competition corporations may play a role that benefits both sides at different times and in different ways.</span></p>