2min chapter

Blockchain Insider Podcast by 11:FS cover image

Bonus: Why should governments embrace new payment technologies?

Blockchain Insider Podcast by 11:FS

CHAPTER

The Role of Geopolitical Events in Demonetization

Jay Parikh: Financial services is the backbone of every modern economy. When you aren't allowed to work in a space or you don't have the proper infrastructure to operate on a global scale, you have to make do with what you can or build a totally new environment for your business. He says it's when money stops moving that you're in a really big problem,. You know, 2008 and every other financial crisis we've seen, it's the movement of money stopping that causes issues"

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