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Rich Turrin

Rich Turrin

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Respect! CBDC owes its existence to Crypto!

January 27, 2022 by Rich Turrin

Great talk with Greg Canavan of Fat Tail Investment Research!   Thank you Greg!

In this episode, we discuss CBDC and crypto and I highlight how crypto tech is behind our current CBDCs.

This has nothing to do with the price of Bitcoin or whether you love or hate crypto

Acknowledging the debt is important because right now DeFi used in crypto markets is set to go mainstream in “normal” markets in just a few years.  Once CBDCs launch why wouldn’t we adopt DeFi style banks or financial services?   It may take a while but it’s coming.

That’s why I believe that it’s important to acknowledge the debt we all owe to crypto.

 

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Rich Turrin

About Rich Turrin

Rich Turrin is the international best-selling author of “Cashless – China’s Digital Currency Revolution” and “Innovation Lab Excellence.” He is an Onalytica Top 100 Fintech Influencer and an award-winning executive previously heading fintech teams at IBM following a twenty-year career in investment banking. Rich is a leading media commentator and advisor on China’s digital currency and tech scene. Living in Shanghai for more than a decade, Rich experienced China going cashless first-hand.

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