Last month, Facebook announced it was launching its own cryptocurrency called Libra. Facebook says Libra is going to have all sorts of benefits, including helping people without traditional bank accounts and acting as an alternative form of money in countries that don't have stable currencies. At the same time, Facebook's Libra has already been criticized for potentially allowing people to skirt existing government rules. On this episode of Odd Lots, we speak with Jill Carlson, co-founder of the Open Money Initiative, about the actual use cases of Bitcoin and other cryptocurrencies. She's been studying exactly how people have been using cryptocurrency in one of the world's most unstable monetary systems: Venezuela. 

Last month, Facebook announced it was launching its own cryptocurrency called Libra. Facebook says Libra is going to have all sorts of benefits, including helping people without traditional bank accounts and acting as an alternative form of money in countries that don't have stable currencies. At the same time, Facebook's Libra has already been criticized for potentially allowing people to skirt existing government rules. On this episode of Odd Lots, we speak with Jill Carlson, co-founder of the Open Money Initiative, about the actual use cases of Bitcoin and other cryptocurrencies. She's been studying exactly how people have been using cryptocurrency in one of the world's most unstable monetary systems: Venezuela.

Bloomberg's Joe Weisenthal and Tracy Alloway explore the most interesting topics in finance, markets and economics. Join the conversation every Monday and Thursday.

Bloomberg's Joe Weisenthal and Tracy Alloway explore the most interesting topics in finance, markets and economics. Join the conversation every Monday and Thursday.

Bloomberg's Joe Weisenthal and Tracy Alloway analyze the weird patterns, the complex issues and the newest market crazes. Join the conversation every Tuesday and Thursday for interviews with the most interesting minds in finance, economics and markets.

Odd Lots

On Bloomberg’s Odd Lots podcast Joe Weisenthal and Tracy Alloway explore the most interesting topics in finance, markets, and economics. Join the conversation every Monday and Thursday. 

On Bloomberg’s Odd Lots podcast Joe Weisenthal and Tracy Alloway explore the most interesting topics in finance, markets, and economics. Join the conversation every Monday and Thursday.

Here's How People Are Using Cryptocurrency in Venezuela

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/64224088-69f9-4453-8630-ae2700543f1a/transcript

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