Digital Money Event 2024 | Opening Keynote by Michael Mainelli, Lord Mayor of the City of London
Автор: Digital Pound Foundation
Загружено: 2024-11-19
Просмотров: 100
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Step into the Digital Money Event 2024 and witness the fascinating keynote by Professor Michael Mainelli, the 695th Lord Mayor of the City of London. 🌍✨
In this thought-provoking address, Michael dives deep into the transformative potential and challenges of Central Bank Digital Currencies (CBDCs) and their implications for the future of money. He shares insights on global CBDC experiments, fractional reserve banking, and the dual-edged nature of technological advancements in finance.
Drawing on his extensive career in technology and financial research, Michael examines the practical and philosophical questions surrounding digital currencies, from liquidity risks and credit systems to the role of privacy, taxation, and societal impact.
💡 Highlights from the keynote include:
The history and evolution of money as a "technology communities use to trade debts across space and time."
The real-world implications of moving an economy onto a digital operating system.
The potential of CBDCs to revolutionize—or disrupt—the financial system.
A humorous yet striking take on future tax possibilities enabled by programmable money.
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