Great to write for my “home town” press!
I’m a member of the Financial Services Committee for Amcham and its always great to share my book “Cashless” with the committee!
The article is from the Insight Magazine Sep/Oct 2021 and can be found here:
China and the US are taking different approaches to digitize payment. China is moving quickly to launch its second generation digital payment, while the US is on its first. China will enjoy a first-mover advantage with CBDCs, but it does not guarantee the international demise of the dollar, as some may speculate. That said, complacency is ill-advised and digitizing the dollar is necessary to preserve its reign as the reserve currency.
Read on for more!
By the way, due to COVID Cashless never got an official book launch. This presentation at AMCHAM (pictures below) was essentially the one and only live presentation I’ve been able to make for Cashless!