Today at SIBOS, as part of an innovation panel, three venture capitalists were asked to describe what money might look like in 2040. The presentation by Matt Harris of Bain Capital Ventures was the most radical, extending features already seen in decentralized finance (DeFi) and envisioning it dominating the future model.
Two judges awarded points to all three of the presentations, but the third, SIBOS’ Head of Innovation Thomas Zschach, opted in full for Harris’ vision. Zschach said a significant factor was that Harris picked one path rather than outlining options.
Harris didn’t pull any punches. “By 2040, we will largely be done with the bad trade that is fiat currency, where we give our capital for free to the government, for the privilege of having it diluted by the tax of inflation,” he said.
Article continues …
Want the full story? Pro subscribers get complete articles, exclusive industry analysis, and early access to legislative updates that keep you ahead of the competition. Join the professionals who are choosing deeper insights over surface level news.
