Reinvent Money's host Paul Buitink was asked to join a panel on the future of cash at the Warwick Economics Summit, organized for 25 years in a row by and for the students of The University of Warwick.
The panel was hosted by a student. Other participants were:
John Howells, CEO of Link, Britain's ATM network
Nick McLaren, Head of the Future of Money Division at the Bank of England
Nicolas Cary, co-founder and Vice-Chairman of Blockchain.com
The panelists discussed the future of cash, the viability and desirability of central bank digital currencies (CBDC), stable coins and bitcoin. Paul stressed the weak setup of the euro and why freedom of choice in money is paramount.
Follow Paul Buitink on X at @paulbuitink
Timestamps:
0:00 Intro and opening statements
6:27 History of money
10:16 Revolution in money
12:17 Perspective of the Bank of England on cash, stable coins and CBDC
18:31 The importance and controverse of cash
24:50 Why the euro is unsustainable and we need monetary freedom of choice
26:33 Be careful with CBDC
30:44 Can the euro be saved?
33:03 The singleness of money and stable-coins
44:30 Final round of questions