Cash is king. This echoes my very very podcast guest, Barry Lewis.
Standardization, inter-operability, not just in name but rules, legal frameworks etc
Thinking deeply about cash and the interaction of tokenized assets, tokenized cash and dematerialized assets and fiat cash is the key to reduce the complexity
And there’s one more thing …
If you like these podccasts, I am pretty sure you would enjoy reading my book: “The Bankers’ Plumber’s Handbook”.
For some in the FS world, it is too late. For most, understanding how to make things work properly is a good investment of their time.
My book tries to make it easy for you and includes a collection of real-life, true stories from 30 years of adventures in banking around the world. True tales of Goldman Sachs and collecting money from the mob, losing $2m of the partners’ money and still keeping my job, and keeping an eye on traders with evil intentions.
So you might like the tool kit, you might like the stories or you might only like the glossary, which one of my friends kindly said was worth the price of the book on its own. Or, you might like all of it.
Go ahead, get your copy!