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Abandoning Traditional Money System - World Government Summit 2022
Pippa Malmgren, Economist at The World Government Summit 2022 taking place in Abu Dhabi, states her belief that the world financial system is about to switch accounting systems and digital money. She is not talking about decentralized cryptos, but Central Bank Digital Currency or CBDCs.
Malmgren stated:
“We are on the brink of a dramatic change where we are about to, and I’ll say this boldly, we are about to abandon the traditional system of money and accounting and introduce a new one. And the new one; the new accounting is what we call blockchain… It means digital, it means having an almost perfect record of every single transaction that happens in the economy, which will give us far greater clarity over what’s going on.”
World Economic Forum Explained With Hohmann and Rectenwald
https://youtu.be/QJ3yxEDRKp0
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