@baba_nyenyedzi Its my generation that is going to carry the debt, we will probably pass it on to the next one (if there is such a thing in Zimbabwean power conversation).
Zimbabwe, in its wisdom, has decided that the legal foreign gold miner with less than US$15 million is the problem. The illegal one with a pick, shovel and mercury, apparently, is not.
I’m still trying to understand what problem are we trying to solve for?
Ps Zimbabwe is hardly explored for mineral ore.
Major areas where the financial system still needs an update:
1. Tokenization of real-world assets - Real estate, stocks, bonds, funds, etc. onchain for instant settlement, fractional ownership & massive distribution.
2. 24/7 Global trading - Pooled global liquidity, every asset, every person, with great leverage and capital efficiency.
3. Next-gen payments - Near-instant, low-cost global transfers using stablecoins, including for Agentic payments.
4. AI-powered risk, credit, compliance, and advice - Better decisions, less fraud, and broader access to capital. Everyone gets access to a great financial advisor.
5. Innovation friendly regulation - Move from one-size-fits-all to risk-based rules that encourage innovation and competition instead of stifling it.
6. Expanded access - Open protocols that reduce middlemen and self-custodial wallets to expand access to everyone with a smartphone.
7. Capital formation - Low cost and turnkey for anyone to raise money for a good idea, increasing the number of startups.
8. Sound money - A refuge from inflation, when discipline is lost in fiat money.
Jobs not done until we get these working for all.
Will require lots of tech innovation and policy work to get there.
Interest rates, quantitative ease, and the dollar. Watch as I explain what the Fed is and how the new Fed Chair will face challenges on day one.
https://t.co/VMe8fYdBf2