Eswar Prasad
8 key ideas, each explained in our own words.
The Future of Money
- IDEA 1
Money is going digital
Prasad argues that money is undergoing a revolution, as cash gives way to digital payments. He explores how new technologies will change how people pay, save and borrow, and what this means for banks and governments.
- IDEA 2
Fintech is changing finance
Prasad describes how financial technology companies are offering cheaper and faster services, from mobile payments to online lending. These firms challenge traditional banks and can help people without bank accounts.
- IDEA 3
Bitcoin started a new idea
Prasad explains how Bitcoin introduced the idea of a digital currency without a central authority. He argues that its value swings make it poor as everyday money, but its technology has inspired new innovations.
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