June 22, 2024 • 58 secs
How the Digital Revolution Is Transforming Currencies and Finance.
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Episode Transcript
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(00:00):
Welcome. This is your WBZ bookClub, and I'm Jordan Rich. Cash
isn't what it used to be.The Future of Money, How the digital
revolution is transforming currencies and financed byEswar Prasad, here's a look at how
accelerating financial change is leading to theend of cash, transforming economies around the
world, sometimes for the better andsometimes not. The author does predict the
(00:22):
end of physical cash, and Ithink most of us feel it's coming.
Cryptocurrencies have become very fashionable, andit's likely that more people will be paying
bills via their phones rather than evenplaster credit cards. Huge global corporations are
getting involved, and with the fastpace of digital innovation, it's changing everything
how we invest, how we ensure, and how we manage risk. As
a medium of exchange, coins andbills are quickly becoming passe, and along
(00:45):
with detailing the transformation of it all, the economic expert who wrote this book,
The Future of Money, tells uswhat to guard against and how to
make the most of the transition.The Future of Money The Book Club WBZ,
Boston's news radio
Welcome. This is your WBZ bookClub, and I'm Jordan Rich. Cash
isn't what it used to be.The Future of Money, How the digital
revolution is transforming currencies and financed byEswar Prasad, here's a look at how
accelerating financial change is leading to theend of cash, transforming economies around the
world, sometimes for the better andsometimes not. The author does predict the
(00:22):
end of physical cash, and Ithink most of us feel it's coming.
Cryptocurrencies have become very fashionable, andit's likely that more people will be paying
bills via their phones rather than evenplaster credit cards. Huge global corporations are
getting involved, and with the fastpace of digital innovation, it's changing everything
how we invest, how we ensure, and how we manage risk. As
a medium of exchange, coins andbills are quickly becoming passe, and along
(00:45):
with detailing the transformation of it all, the economic expert who wrote this book,
The Future of Money, tells uswhat to guard against and how to
make the most of the transition.The Future of Money The Book Club WBZ,
Boston's news radio
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