Are cashless societies on the horizon? This is the plan for many government planners around the world. Whether you hate it or love it, some sort of digital currency will be part a big part of our future. This episode of Business Game Changers we bring back Ed Moy, director of the U.S. Mint under Bush and Obama to share his perspective on the future of money. We discuss many issues regarding the move to a cashless society such as who benefits and who doesn’t. How this affects freedom and how governments around the world are reacting to government controlled digital currencies versus independent crypto-currencies. He explains what crypto-currencies are, in particular, what bitcoin is, and how it works.
This is a must listen, 2 episode conversation about the future of money and how it will effect society at large and at an individual level.
Ed Moy was the director of the U.S. mint from 2006 to 2011. Before this role, he served from 2001 to 2006 in the George W. Bush administration as Special Assistant to the President for Presidential Personnel where he oversaw the selection of candidates for presidential appointments in the general areas of human, natural and cultural resources. In 2003, he served on the transition team for the newly created Department of Homeland Security.
Today Ed Moy uses his expertise as a member of the advisory board for Virtual Mint, LLC to help nations adopt crypto-currencies with secure national systems. He also serves as Chief Strategist for the Fortress Gold Group, an industry leader in precious metals and security investments.
Originally Posted on Sarahwestall.com
Categorised in: News