Sign up to save your podcasts
Or
Share Episode 535: Money of the Future
Share to email
Share to Facebook
Share to X
Share to email
Share to Facebook
Share to X
Or
Episode 535: Money of the Future
In This Episode
What happens when two financial futurists get together? They chat about money of the future and related topics worthy of debate.
This week, host Brett King connects with Chris Skinner, author, influencer, The Finanser blogger, and advisor to leading organizations, governments and firms across the world to talk about Chris’ new book, Intelligent Money, due out this summer. Lots of great banter and thought provoking discussion as they look at cross border payments, smart wallets / super wallets that act as an agent on your behalf, embedded intelligent financial services and payments, and of course AI, to name just a few of the topics they get into. What’s your vision for Main Street 2034? Is the need for growth at the heart of some of our problems? Enjoy the debate!
Read the entire transcript here.
Podcast Content:
Chapter 1: [00:00] Welcome to Breaking Banks
Hosts Brett King and Jason Henricks introduce the show and discuss its mission to explore innovations in financial services. They welcome regular guest Chris Skinner, a leading fintech thinker.
Chapter 2: [04:30] The Evolution of Payments
Chris Skinner and Brett King discuss the future of payments, predicting the rise of AI-driven “super wallets” and the eventual obsolescence of traditional financial tools like credit cards and cash.
Chapter 3: [12:45] Centralized vs. Decentralized Systems
A deep dive into centralized and decentralized finance structures, touching on the friction between cryptocurrencies, stablecoins, and central bank digital currencies.
Chapter 4: [20:15] The Future of Identity and Security
The conversation turns to digital identities and their role in payments, healthcare, and government services. The hosts debate the feasibility of self-sovereign identity models.
Chapter 5: [30:00] Borderless Finance and Migration
Chris Skinner examines the intersection of global finance, migration, and technology, highlighting how digital wallets empower displaced populations and digital nomads alike.
Chapter 6: [40:10] AI and the Changing Face of Banking
The discussion shifts to how AI reshapes banking, turning institutions into algorithmic entities. Trust, the role of branches, and the generational shift in financial behavior are analyzed.
Chapter 7: [50:00] The Ethics and Economics of AI
A philosophical debate on AI’s impact on jobs, universal basic income (UBI), and the potential for capitalism to adapt to a world dominated by automation.
Chapter 8: [01:00:15] Reimagining Money and Society
Brett and Chris speculate about new economic systems and the role of technology in creating equitable and sustainable societies, touching on ideas like techno-socialism.
Chapter 9: [01:10:00] Preview of Chris Skinner’s New Book
Chris shares insights from his upcoming book Intelligent Money, which explores embedded AI in finance and its transformative potential.
Chapter 10: [01:15:30] Closing Thoughts and Future Episodes
The hosts wrap up with reflections on the discussion and preview future episodes of Breaking Banks and their collaborative podcast Beyond Banking.
Related Content:
https://youtu.be/DC03x1pySWg
View all episodes
By Breaking Banks - The #1 Global Fintech Podcast
4.6
189189 ratings
In This Episode
What happens when two financial futurists get together? They chat about money of the future and related topics worthy of debate.
This week, host Brett King connects with Chris Skinner, author, influencer, The Finanser blogger, and advisor to leading organizations, governments and firms across the world to talk about Chris’ new book, Intelligent Money, due out this summer. Lots of great banter and thought provoking discussion as they look at cross border payments, smart wallets / super wallets that act as an agent on your behalf, embedded intelligent financial services and payments, and of course AI, to name just a few of the topics they get into. What’s your vision for Main Street 2034? Is the need for growth at the heart of some of our problems? Enjoy the debate!
Read the entire transcript here.
Podcast Content:
Chapter 1: [00:00] Welcome to Breaking Banks
Hosts Brett King and Jason Henricks introduce the show and discuss its mission to explore innovations in financial services. They welcome regular guest Chris Skinner, a leading fintech thinker.
Chapter 2: [04:30] The Evolution of Payments
Chris Skinner and Brett King discuss the future of payments, predicting the rise of AI-driven “super wallets” and the eventual obsolescence of traditional financial tools like credit cards and cash.
Chapter 3: [12:45] Centralized vs. Decentralized Systems
A deep dive into centralized and decentralized finance structures, touching on the friction between cryptocurrencies, stablecoins, and central bank digital currencies.
Chapter 4: [20:15] The Future of Identity and Security
The conversation turns to digital identities and their role in payments, healthcare, and government services. The hosts debate the feasibility of self-sovereign identity models.
Chapter 5: [30:00] Borderless Finance and Migration
Chris Skinner examines the intersection of global finance, migration, and technology, highlighting how digital wallets empower displaced populations and digital nomads alike.
Chapter 6: [40:10] AI and the Changing Face of Banking
The discussion shifts to how AI reshapes banking, turning institutions into algorithmic entities. Trust, the role of branches, and the generational shift in financial behavior are analyzed.
Chapter 7: [50:00] The Ethics and Economics of AI
A philosophical debate on AI’s impact on jobs, universal basic income (UBI), and the potential for capitalism to adapt to a world dominated by automation.
Chapter 8: [01:00:15] Reimagining Money and Society
Brett and Chris speculate about new economic systems and the role of technology in creating equitable and sustainable societies, touching on ideas like techno-socialism.
Chapter 9: [01:10:00] Preview of Chris Skinner’s New Book
Chris shares insights from his upcoming book Intelligent Money, which explores embedded AI in finance and its transformative potential.
Chapter 10: [01:15:30] Closing Thoughts and Future Episodes
The hosts wrap up with reflections on the discussion and preview future episodes of Breaking Banks and their collaborative podcast Beyond Banking.
Related Content:
https://youtu.be/DC03x1pySWg
More shows like Breaking Banks
View all
Motley Fool Money
3,209 Listeners
This Week in Startups
1,284 Listeners
Macro Voices
3,067 Listeners
Masters in Business
2,168 Listeners
Odd Lots
1,942 Listeners
Authentic Living
31 Listeners
Getting In: A College Coach Conversation
281 Listeners
11:11 Talk Radio
98 Listeners
The a16z Show
1,093 Listeners
HBR IdeaCast
165 Listeners
Invest Like the Best with Patrick O'Shaughnessy
2,361 Listeners
Civil War Talk Radio
62 Listeners
Masters of Scale
3,988 Listeners
Inside the Strategy Room
173 Listeners
The Forbes Factor - Your Secret to health, wealth & happiness!
35 Listeners
The Sexy Lifestyle with Carol and David
111 Listeners
Cat Talk Radio
66 Listeners
Fearlessly Authentic
28 Listeners
Dwarkesh Podcast
521 Listeners
Coaching Real Leaders
671 Listeners
Men’s Therapy Podcast
26 Listeners
Moody's Talks - Inside Economics
326 Listeners
The AI Daily Brief: Artificial Intelligence News and Analysis
631 Listeners
The Markets
80 Listeners