In this episode From TechCentral, we bring you a wide-ranging and fascinating discussion with cryptocurrency expert Farzam Ehsani, Blockchain Manager at Rand Merchant Bank and Chairman of the South African Financial Blockchain Consortium.
Ehsani, one of the leading thinkers of blockchain technology, believes cryptocurrency will not only reshape global financial systems, but also fundamentally disrupt geopolitics and the global social order.
In the podcast, he talks about the nature of money – what it is, where it comes from, how it derives its value, and why cryptocurrencies are challenging much of what we believe in. are used to.
He talks about the open letter he wrote to JPMorgan Chase CEO Jamie Dimon and the role of banks as government-backed fiat currencies are mined (and possibly destroyed) by crypto systems. The discussion explores the future of central banks – if any – in this new world order.
Can cryptocurrency be regulated and is it desirable to try to do so? And what if governments lose their ability to monitor money flows – and their ability to impose? Does this mean the death of the nation state as we know it? Ehsani not only believes that the nation-state system will disappear, but that what emerges in its wake – after a period of perhaps intense instability – will likely be much better.
This is a podcast not to be missed!
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