

What does the future of money look like?
Jul 28, 2024
The podcast dives into the shift from cash to digital payments, exploring the rise of digital currencies and blockchain technology. It highlights the Bank of Canada’s plans for a digital loonie and contrasts it with cryptocurrencies. Historical insights, like Yap Island's unique limestone currency, add depth to the conversation. The challenges traditional banks face from central bank digital currencies are discussed, alongside the potential inclusivity issues for those without access to tech. Security and privacy concerns are raised as the financial landscape evolves.
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