Stablecoins vs. CBDCs and Their ImplicationsIn this episode of the Band of Insiders podcast, host Funs Jacobs delves into the future of money, examining stablecoins and Central Bank Digital Currencies (CBDCs). Jacobs explains the concept of stablecoins, their different types, and why they are emerging as a significant financial instrument, especially following the recent passing of the Genius Act in the U.S. He contrasts stablecoins with the potential risks and control issues associated with CBDCs, highlighting three major concerns: total surveillance, programmable control, and the potential for a 'kill switch.' Jacobs concludes by emphasizing the importance of decentralization for financial freedom and the strategic geopolitical advantages for the U.S. in adopting stablecoins. The episode closes with a call for listener feedback and encourages likes, comments, and subscriptions.00:00 Introduction and Episode Overview00:12 The Future of Money: Trust in Code vs. Control01:11 Understanding Stablecoins02:24 The Limitations of Current Digital Money03:31 The 2008 Financial Crisis and the Birth of Bitcoin04:55 Central Bank Digital Currencies (CBDCs) Explained06:52 Risks of CBDCs08:41 The Rise of Stablecoins09:51 The Genius Act and Its Implications11:23 Closing Thoughts on the Future of Money12:37 Conclusion and Call to ActionAbout Band of InsidersBand of Insiders is a future forward platform and community for curious marketers, brand leaders, and founders who want to stay ahead of the curve. We explore the cultural and technological shifts shaping business—from AI to blockchain, gaming to Gen Z behavior—and what they really mean for you.Hosted by Funs Jacobs: Dutch innovation strategist with 10+ years of experience in advertising, music, sports, and tech. Now based in Bali, Funs helps brands around the world spot what’s next and act on it, fast.🚀 Subscribe to the newsletter for weekly deep dives and rapid signals: www.funsjacobs.com💬 Join the WhatsApp community for real-time drops and discussion.🔗 Connect on LinkedIn: www.linkedin.com/in/funsj

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