The democratisation of everything, but let us do money first!

If you have been following fintech, bitcoin and consequently the blockchain, you would know that the underpinning technology is one of the most exciting things to emerge from the connected world since the internet itself. Why? Well the following question might give you a hint (one I was asked recently). “What regulatory regimes are needed in a financial world where national sovereignty is increasingly bypassed?” In other words, “How do we control and, of course, tax our citizens that are using bitcoin?” Legitimately, our nation’s leaders are asking, “How do we pull economic levers to put more or less money into the system, and how do we apply and affect fiscal and monetary policy in a world of bitcoin and new fintech business models where our people are leaving the reservation as it were?” Of course, they are also endeavouring to counter the funding of terrorism and money laundering. The two key questions for me … Continue reading “The democratisation of everything, but let us do money first!”