Jerry Brito: The Case for Electronic Cash in an Open and Free Society

This article was originally posted on The LTB Network - a publishing platform created for content providers to present the ideas and people involved with cryptocurrency — through podcasts, articles, and discussion forums.

We’re joined by Jerry Brito, Executive Director of Coin Center. Having discovered Bitcoin in 2011, Jerry was among the first lawyers to talk about crypto in the U.S. capital. In 2014, he founded Coin Center, a leading research and advocacy center focussing on cryptocurrencies.

In this enlightening conversation, we talk to Jerry about his paper titled ‘œThe Case for Electronic Cash,’ in which he articulates why private peer-to-peer payments are essential to an open society. We also discuss Libra and the possible regulatory challenges the proposed private cash system may face. Finally, Jerry explains the recent FinCEN guidance on cryptocurrencies, which broadly follows the recommendations of Coin Center.

Topics discussed in this episode:

  • Jerry’s background as a lawyer and his crypto beginnings in D.C.
  • Coin Center, it’s mission and the primary battles which the organization is fighting
  • ‘œThe Case for Electronic Cash’ paper and why cash is vital for a free and open society
  • The main dysfunctions of cashless societies
  • Jerry’s high-level views on Libra
  • How Libra is different from other cryptocurrencies and electronic payment systems
  • The backlash immediately following the announcement and how it was received by governments
  • Ways in which Libra could be regulated
  • The recent FinCEN guidance and how it affects cryptocurrency users and companies

Links mentioned in this episode:


  • [Vaultoro](Trade gold to Bitcoin instantly and securely starting at just 1mg): Vaultoro
  • [Azure](Deploy enterprise-ready consortium blockchain networks that scale in just a few clicks): Azure

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This episode is hosted by Sebastien Couture & Meher Roy. Show notes and listening options:

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