The State of Digital Currency with Henry Kim
Dr. Henry Kim is a professor at the Schulich School of Business, York University, Canada, and the head of Blockchain.Lab at York. He is also the principal investigator of the Digital Currencies project, a research collaboration between York, the Bank of Canada, and other financial institutions and fintech companies. Tune in to learn more about the current state of Bitcoin! [00:01 - 05:54] Bitcoin, Blockchain, and Enterprise BlockchainsHow Dr. Henry got into Bitcoin and Blockchain technology [05:55 - 19:17] A Solution Seeking A ProblemHolding physical gold versus holding digital goldThe investing trend in the market is driven by low-interest rates and will continue until central banks start raising rates againExploring how digital currencies can be used in the developing world to circumvent bureaucracy and inflation. [19:18 - 35:52] Interoperability and International StandardsCentral bank digital currencies create a catalyst to create value within the private crypto spaceIs cryptocurrency a massive Ponzi scheme? [35:53 - 41:24] Closing SegmentThe highest and lowest risk reward in this space Quotes:“Money is an essential part of what governments do, and we need to make sure that we have control over that.” - Henry Kim “If gold is a store of value, Bitcoin is a story of value.” - Henry Kim Connect with Dr. Henry:Email: hkim@schulich.yorku.ca Connect with me on LinkedIn!LIKE, SUBSCRIBE, AND LEAVE US A REVIEW on Apple Podcasts, Spotify, Google Podcasts, or whatever platform you listen on. Thank you for tuning in and Stay Tuned for the Next Episode COMING SOON! Hosted on Acast. See acast.com/privacy for more information.