Richard Turrin is a Shanghai-based consultant and author. He speaks with Jame DiBiasio about his latest book, "Cashless: China's Digital Currency Revolution", why digital currencies matter, and the relevance of China's fintech experience for the rest of the world.

TImecodes:

0:00 - Richard Turrin, "Cashless"

01:08 - What makes central-bank digital currencies (CBDCs) useful

4:11 - CBDCs versus our existing payments infrastructure

5:41 - Use cases, benefits of digital currencies

9:47 - Financial services in a world of digital currencies

12:00 - Governments and programmable money

15:07 - Cryptocurrency (eg Bitcoin) versus CBDCs

16:39 - Role of commercial banks

19:00 - Disrupting credit card companies and payments fintech companies

22:16 - The role of CBDCs in tokenizing assets

25:00 - Cybersecurity of digital cash