Amanda Wick is a name to know when talking about things crypto.
A onetime US government prosecutor, Wick specialized in crypto currencies and money laundering. Later she went on to found the Association for Women In Cryptocurrency and now she is a principal in Incite where she provides expert advice on crypto related matters.
Wick’s current focus: stablecoin.
In the show Wick talks about the risks posed by stablecoins to credit unions and also the potential benefits.
Should credit unions get involved in stablecoin? Wick’s answer is yes but with eyes wide open.
Note: this is not a show exclusively for gearheads. Language throughout is non technical.
Along the way, Wick talks about her book The Catalysts: The Accelerating Forces Forging the New World Financial Order. Read the title again. She is talking about what she sees as the inevitability of a new global financial order that indeed changes just about everything.
In the show she refers several times to Napster which provided peer-to-peer file sharing and that may sound innocuous but the reality is that Napster revolutionized how music is distributed and shared. It shut down a quarter-century ago but its impacts only grew until today recorded music is a digital phenomenon. Think how that has impacted record companies, bands, and an entire huge industry.
Similar is happening today in finance, says Wick, and you ain’t seen nothing yet. Bigger changes are ahead. Are you ready?
