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Brookings’ Klein on Stablecoin’s Downsides, CBDC Myths and More Fed Cowbell

Banking with Interest

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The Case for Financial Inclusion in Cryptocurrency

In order to have crypto need a certain level of digitization, smartphones, internet, et cetera. And so we have a deeply inequitable system that puts large and expensive burdens on the people with the least amount of money. So I push back on the argument that the unbanked is the right metric by which to estimate financial inclusivity.

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