The Future of Money: Does Libra need more banking, and the Payment Technology Handbook – what I have been reading this week

Barry Eichengreen and Ganesh Viswanath-Natraj argue that while the founders of Libra now “understand that to succeed, their project must address economic and political concerns, they have done nothing to address worries about currency substitution.  A new proposed capital buffer is underspecified.  A key market in Libra futures or forwards is missing, as is a Libra lender of last resort”:

https://voxeu.org/article/libra-still-needs-more-baking

And: a good book with the title: “The PAYTECH Book: The Payment Technology Handbook for Investors, Entrepreneurs, and Fintech Visionaries” edited by Susanne Chishti, Tony Craddock, Robert Courtneidge, Markos Zachariadis:

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