In this week's episode hosts Alec Burns and Jack Davies are joined by John Velissarios, a seasoned expert in digital finance, to unpack the potential of CBDCs (central bank digital currencies).

John reflects on his journey from software development to becoming a specialist in cryptography and information security. He outlines CBDCs as innovative central bank-issued money designed for everyday transactions and international payments.

John argues that CBDCs can fill critical voids in the current financial system, aiding those without bank accounts and streamlining social benefits delivery. He also notes their power to transform international payments by bypassing middlemen for quicker, direct transfers. The conversation delves into the technical and sovereignty issues surrounding CBDCs, the significance of their interoperability, and th ...