February 3rd, 2020
Alt-Money: What Is This Stuff? Dave Nadig, CIO & Director of Research ETFTrends/ETFdb
Why Do We Need Money?
Store of Value
Medium of Exchange Instrument of Policy
Bank for International Settlement, Paper 101, 2019
Four Unique Implementations (Not all even use Blockchain)
E-Cash
CryptoCurrency
BlockchainSettled Funds
General Purpose CBDC
Examples:
Paypal, Venmo, Alipay
Bitcoin
Libra
E-Krona, e-Peso, Sovereign
Ledger
Central & Proprietary
Distributed Blockchain
Quasi-Private Blockchain
Private Blockchain (maybe)
“What Do I Own?” A claim on the issuer’s assets
Digital Asset
Digitally Settled ETF
Fiat Currency
Regulation
Who knows?
SEC, they just don’t know it yet
Central Banks!
As “Money Transmitters”
Thank You dnadig@etfflows.com @DaveNadig