The Evolution of Money and the Demise of CNN+ — with Eswar Prasad
The Prof G Pod with Scott Galloway
00:00
Rethinking Payments: The Digital Divide
This chapter examines the stark contrast in digital payment adoption between the U.S. and countries like China and Sweden, highlighting the challenges faced by the unbanked population. It discusses the influence of entrenched financial institutions and regulatory barriers that contribute to the U.S.'s slow transition. The conversation further explores the necessity for central banks to consider digital currencies while addressing the generational shift in attitudes towards privacy and convenience in financial transactions.
Transcript
Play full episode
