Ep. 415 - Protecting Ourselves Against the Downside with Dr. Markus Franke of Celo
CRYPTO 101
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The Cost of Financial Inclusion
Inclusion comes at a cost, not just the cost of building in for structure, but to be included in a system. And it's really been a cost that a lot of people, thinking now, do not want to pay when central bank digital currencies come in. When you have a decentralized network, there's no way for them to control it or shut it down. I think also in parts the traditional financial economic system was responsible also, in parts, for our current ecological crisis. Here a the ni thing is if, if er we are creating something that everybody can use and every an can build on top of, then i think we actually get many more people into the system. It
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