BREAKDOWN: Why Crypto Matters for Financial Inclusion, Feat. Celo's Marek Olszewski

In a world of centralized mobile money solutions, do decentralized, permissionless currencies matter?

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ABOUT

This episode is sponsored by ErisX, The Stellar Development Foundation and Grayscale Digital Large Cap Investment Fund.

In a world of centralized mobile money solutions, do decentralized, permissionless currencies matter?

Around the world, an estimated 1.7 billion people remain unbanked and lacking access to high quality financial services.

Some projects see cryptocurrency as an answer. In this episode of The Breakdown, NLW speaks with Celo co-founder Marek Olszewski about:

How Celo was designed differently to address financial inclusion as a primary use case
The problems with centralized approaches to mobile money like m-pesa
Why true financial inclusions solutions must be permissionless
Why technology design isn’t enough and projects that seek to gain adoption require ground up go to market strategies
The impact of Libra’s launch on the “bank the unbanked” narrative
How the COVID-19 crisis has changed the narrative around and demand for stablecoins globally

HOST

CoinDesk

CoinDesk is the world leader in news, prices and information on bitcoin and other digital currencies.

We cover news and analysis on the trends, price movements, technologies, companies and people in the bitcoin and digital currency world.