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Breaking Banks
Episode 512: Future of Money
Oct 5, 2023
Dr. Leda Glyptis, Tom Zschach, and Brett King join Jennifer Sertl to discuss the future of money, including the changing landscape of banking, the rise of digital organizations, the importance of adaptation and creating value, community accountability, the evolving fintech ecosystem, potential economies on Mars, and the role of technology in banking.
41:34
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Quick takeaways
- The concept of money is being reshaped by advances in technology and digital assets, extending beyond just the exchange of money to encompass how value is perceived, created, and distributed.
- Established banks face organizational and cultural hurdles in adapting to the changing landscape of banking, where digital organizations are gaining market share by prioritizing customer experience over traditional product-centric models.
Deep dives
The Future of Money and Transition to Value Exchange
The podcast episode discusses the transition from the future of money to the future of value exchange. With advances in technology, decentralized finance, and digital assets, the concept of money is being reshaped. This transition extends beyond just the exchange of money and encompasses how value is perceived, created, and distributed. The panelists explore the challenges and opportunities presented by this transition, emphasizing the importance of reexamining value systems and moving towards sustainability and inclusivity.
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Discover
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Listen to the best highlights from the podcasts you love and dive into the full episode