The blockchain and cryptocurrency were developed in "the West" but their influence is going to be felt most in developing countries. While most of the investment and "noise" is in rich countries, cryptocurrencies will be most useful in countries that have liquidity constraints. Interest rates don't lie; developed countries ALL have too much liquidity. Smart money should go where mobile money has succeeded because that is where cryptocurrency will succeed.

 

Session Information
Session Date:
November 14, 2018
J2 – Cryptocurrency: A Leapfrogging Opportunity: 2018 Business and Industry Conference
Individual topic purchase: Selected
Georgia Society of CPAs
General: 1.50
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