Crypto money is going to change the world fundamentally. That’s the word from Russell Lamberti, an economist and the head of ETM Macro Advisors, who believes the stage is set for a showdown between central banks — and nation-state governments — and the emerging world of distributed and anonymous cryptocurrencies.
In this episode of the TechCentral podcast, Lamberti talks via Skype from Cape Town about how crypto money could undermine central banks and even end the era of fiat money (monopolised money made legal tender by government decree).
It’s a fascinating insight into the historical role of central banks, and how cryptocurrenices like bitcoin could transform the monetary landscape and reshape the global economic system.
It’s a wide-ranging discussion that also touches on everything from government involvement in the ICT sector to the state of the South African economy, and follows a recent detailed presentation that Lamberti gave at the Free Market Foundation in Johannesburg.
This is one podcast you dare not miss!
(The link to ETM Macro Advisors’ mailing list, as mentioned in the podcast, is here.)
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