Is China Ahead of the West? (Video)

One of my most passionate interviews yet where the answers are fast, furious, and on occasion funny!

Thanks so much to Abhiruk Bhattacharyya and TheCoinRepublic for the opportunity to talk about CBDC, cryptocurrency, and financial inclusion.  Big topics that will impact us all!

What’s inside:

00:00  How did I get to China?

04:30  How did I begin to write a book on China’s digital currency?

07:55  What is the difference between crypto and CBDC?

11:00  Blockchain tech and CBDCs, why China’s CBDC doesn’t use blockchain

16:30  Does China’s CBDC pose a threat to the dollar?

22:00  What are the advantages of using a digital currency

27:50  Why did China launch a CBDC years before the US?

32:30  How did China’s banks react to private banking licenses?

36:00  Is China payment utopia?

42:10  China and cryptocurrency

49:40  El Salvador’s announcement on Bitcoin and financial inclusion

55:14  Bitcoin and remittances into El Salvador. Financial inclusion, the dream of digital currency.

57:40  Cryptocurrency and digital currencies in developing countries.

60:00  When is the next book?  Writing about China is hard!  CBDC and developing countries.

I hope this is fun for you a couple of great stories at: 6:22 hiking in Yunnan, 10:20 how crypto and CBDC camps don’t get along, 31:23 Imagine the Fed giving banking licenses that impact incumbents!