The Currency Revolution
In his latest book, The Future of Money: How the Digital Revolution Is Transforming Currencies and Finance, Cornell University Professor Eswar Prasad describes how digital currencies and other financial technologies are reshaping everything from consumer banking to monetary policy and international payments.
Is cash destined to whither away? Will you be able to use Bitcoin to buy a cup of coffee? What role do central banks have in this new world of money? In a conversation with F&D’s Chris Wellisz, Prasad lays out the advantages and perils of the new forms of money.
