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Mar 6, 2018

Guest Martin Chorzempa Research Fellow, @PIIE. China Econ/Finance, FinTech, Financial Development Martin Chorzempa | PIIE Martin Chorzempa (@ChorzempaMartin) | Twitter Martin Chorzempa of the Peterson Institute is over traditional finance. Instead, spends his time analyzing the wild west of innovative consumer finance in China, a space full of unicorns, ponzi schemes, and overworked regulators desperately trying to stay up with the times. We discuss the promise and peril of social credit scores like Alibaba's Sesame Credit and the boom of Chinese peer to peer lending. Martin also explains how a digital gaming currency created by Tencent in the 2000s that developed a secondary market set the pattern that you can today see with its handling of bitcoin. Outtro song: "We are all Bitcoins"