New in Opinion Has It: Sheila Warren on the future of crypto

Sheila Warren considers how digital currencies are reshaping the global monetary system. The PS Say More Newsletter | [View this message in a web browser]( [PS Opinion Has It]( In this week's newsletter, we present the newest episode of our podcast, Opinion Has It. Every other week in Opinion Has It, host Elmira Bayrasli is joined by a leading expert to examine a critical and timely issue. Is Crypto Going Mainstream? [Sheila Warren]( In this episode, Elmira Bayrasli talks with Sheila Warren, the deputy head of the Centre for the Fourth Industrial Revolution at the World Economic Forum. Listen now on [PS]( [Acast]( [Apple]( [Google]( or [Spotify](. [Is Crypto Going Mainstream?]( After over a decade on the fringes of the global monetary system, digital currencies are increasingly being embraced by companies, governments, and citizens around the world. Are they set to become an integral part of the global monetary system? This week on the podcast, [Sheila Warren]( assesses their prospects – and the implications. [Listen now]( Opinion Has It is also available on your favorite listening app. Listen now on [Acast]( [Apple]( [Google]( or [Spotify](. In this episode... Elmira Bayrasli: Sheila, major corporations like Facebook are also creating their own digital currencies. Then there are the central bank digital currencies, plus cryptocurrencies that we already know about like Bitcoin. The monetary system is starting to look pretty crowded. Can all these different kinds of currencies work together within a reasonably stable system? Sheila Warren: I think that that is the only actual solution. So, I’ve never been of the mindset of there’s going to be, you know, one coin to rule them all. These things have different purposes. If you’re a central bank, your goals are very different from if you’re a corporation. They are different from if you’re seeking to be outside of that system altogether. You know? And so, I think that the interoperability of these systems... [Read the transcript]( Listen now on [PS]( [Acast]( [Apple]( [Google]( or [Spotify](. Previously in Opinion Has It [Economic Crisis in the Anthropocene]( [Economic Crisis in the Anthropocene]( with [Adam Tooze]( a professor of history at Columbia University, and the author of Shutdown: How COVID Shook the World’s Economy The COVID-19 pandemic triggered the swiftest and most comprehensive contraction of global economic activity ever. With crises set to proliferate – not least because of climate change – the successes and failures of the pandemic response should serve as lessons for governments everywhere. Listen now on [PS]( [Acast]( [Apple]( [Google]( or [Spotify](. Or [read the transcript](. [Check out the Opinion Has It archive]( Previously in Say More [An Interview with Fawaz A. Gerges]( [An Interview with Fawaz A. Gerges]( [Fawaz A. Gerges]( specifies what the West owes Afghanistan, considers the likely regional impact of the Taliban’s return to power, and offers historical insights that could help to guide a peaceful reordering of Middle Eastern politics. Gerges is Professor of International Relations at the London School of Economics and Political Science, and the author of several books, including the forthcoming The Hundred Years’ War for Control of the Middle East: From Sykes-Picot to the Deal of the Century, and the newly revised ISIS: A History. [Check out the Say More archive]( [Facebook]( [Twitter]( [LinkedIn]( Project Syndicate publishes and provides, on a not-for-profit basis, original commentary by the world's leading thinkers to more than 500 media outlets in over 150 countries. This newsletter is a service of [Project Syndicate](. [Change your newsletter preferences](. Follow us on [Facebook]( [Twitter]( and [YouTube](. © Project Syndicate, all rights reserved. [Unsubscribe from all newsletters](.