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‘Fluffypony’ Weighs In on CBDCs at Davos 2020

Companies are mainstreaming privacy, says Riccardo Spagni, better known as “Fluffypony."

Jan 23, 2020 at 7:52 p.m. UTC
Updated Sep 13, 2021 at 12:11 p.m. UTC

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.'"

You can view more WEF 2020 content here and subscribe to our YouTube channel for up-to-the-minute updates.

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