Benefits of Going Cashless and The Rise of Central Bank Digital Currencies

Grateful to Andy Wang of Runnymede Capital Management and host of the “Inspired Money” Podcast for the opportunity to talk about CBDCs and Cashless.

In this podcast I tried to make the point to a US audience that China’s experience going “cashless” was relevant to them. That’s not easy as many feel that what happens in China, stays in China. Not so for going cashless. China provides a blueprint for the West.

In this episode, you’ll learn:

– How Fintech can change society’s relationship with money
– The positive impact of China going cashless
– What is a Central Bank Digital Currency (CBDC) and why is it complex for countries to implement?