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

Author
CoinDesk
Published
Tue 05 May 2020
Episode Link
None

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

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