On The Payments Show Podcast with Satwant Phull, I was able to explore a whole range of macro themes like the ascendancy of the state and future financial crises, starting from the first principles of the digitization of finance.
Some of the points I explained:
● There is a disconnect between central bankers and society if the US Treasury Secretary Janet Yellen can wave a white paper on issuing CBDCs in the US where the sense of personal liberties are strongest.
● The “ascendancy of the “competent state” or the growing appeal of the state’s ability to offer convenience, infrastructure, and widespread accessibility, which influences people in many countries to surrender certain freedoms for the sake of convenience and efficiency.
● Financial crises will be increasingly driven by public perception and digital communication rather than traditional tangible assets.
● While user experience (UX) is important in the finance industry, finance itself is fundamentally a balance-sheet-based business.
Listen to the episode:
Apple Podcast:
Spotify Podcast:
