Dawie Roodt on why crypto money will change the world

Many TechCentral readers will know the name Dawie Roodt. He is chief economist at the Efficient Group and undoubtedly one of South Africa’s leading economists. Roodt gave a fascinating presentation on Wednesday evening at the Free Market Foundation in Johannesburg, where he spoke on the subject of cryptocurrencies such as bitcoin and ethereum. He begins the presentation by talking about the state of the world economy, then zooms in the state of the South African economy, before moving onto a discussion about the digital economy and different types of money, including cryptocurrencies. To paraphrase Roodt, governments in recent decades has become fat and lazy, and central banks all powerful. In the presentation, he explains how virtual/crypto/private/decentralised money will impact on finance and why we may see the end of banks, including central banks, and even a decrease in taxes. Listen to Roodt explaining why these developments could lead to the end of monetary policy and a much smaller state. Roodt’s presentation is long, but highly informative and very entertaining. You really don't want to miss this podcast.
28 Jun 2017 English South Africa Technology · Business

Other recent episodes

TCS+ | Online scams in Africa: how cybercriminals trick victims

Nearly half of 800 African survey participants have fallen victim to an online scam at least once, losing thousands of dollars in the process and compromising their personal data. Alarmingly, more than half (53%) of the respondents who fell victim were convinced the offer was legitimate because the website looked…
21 Sep 25 min

TCS | The Levy brothers on the future of Blue Label and Cell C

When JSE-listed Blue Label Telecoms released its annual results two weeks ago, it showed its core business continuing to grow at a respectable pace. Yet investors dumped the share, worried about a lack of disclosure about Cell C’s performance. Now, in an exclusive interview with the TechCentral Show (TCS), the…
12 Sep 1 hr 18 min

TCS+ | Altron’s Caryn Vos on why, in security, encryption is king

Cryptography and encryption are pivotal in modern cybersecurity operations. Altron Systems Integration senior manager for cryptography Caryn Vos tells TechCentral’s TCS+ technology show about key reasons why this is the case. Vos tells TechCentral editor Duncan McLeod about why organisations need to get encryption right if they’re serious about protecting…
12 Sep 32 min

TCS+ | Why more isn’t always better in IT security

It’s easy to keep layering security solutions on top of a company’s IT systems, but this can lead to complexity, high costs and other unnecessary headaches. This is where security control validation can play a big role, according to information security specialists CYBER1 Solutions. In this episode of TechCentral’s TCS+,…
15 Aug 56 min

TCS | Sumeshin Naidoo on Sigfox and the future of IoT in South Africa

It’s been a year since investors, including the business’s own customers, came to the rescue the Sigfox internet-of-things (IoT) network in South Africa. Now its chief commercial officer, Sumenish Naidoo, has told the TechCentral Show (TCS) that Sigfox South Africa is not only on a sustainable growth trajectory, but has…
10 Aug 34 min