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‘Fluffypony’ Weighs In on CBDC Trend at Davos 2020

coinnewsdaily by coinnewsdaily
January 23, 2020
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‘Fluffypony’ Weighs In on CBDC Trend at Davos 2020
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Riccardo Spagni, better known as “Fluffypony,” discusses privacy and whether or not central bank digital currencies (CBDCs) are just a fleeting thing. The Monero community leader speaks with CoinDesk’s Leigh Cuen in Davos, Switzerland.

“There’s less hype, but more talk,” said Spagni. “It’s kind of like one of those things where people say they are building a fintech product that has AI and blockchain.”

Spagni sees blockchain as moving into an offensive role now that privacy is gaining a more important role in computing.

““Companies like Apple are mainstreaming privacy,” he said. “They’re saying it’s okay to turn around and say to a government, ‘I’m not going to comply with your regulation because I’m a big company that doesn’t need to. I’m going to continue giving privacy back to the people.'”

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The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

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