A ‘Best of’ 2021 Holiday Special: Haiti’s Transition Into Modern Finance


This episode is sponsored by Quantstamp, Nexo.io and KuCoin.

This week and subsequent we’re taking a year-end vacation from new episodes of “Money Reimagined.” Instead, we’re serving up a few our favorites from this 12 months.

This week’s choose was Sheila Warren’s: the Haiti episode from May 21.

That’s when Sheila and co-host Michael Casey had been joined by Jerry Tardieu, a Haitian creator, entrepreneur and politician who represents Petion-ville within the Chamber of Deputies, and by Daniele Jean-Pierre, the co-founder and chief working officer of Zimbali networks, which delivers smart-ledger options for the decentralized economic system.

The pair walked us by Haiti’s historical past to point out how a shameful, century-long legacy of a slavery-era debt continues to be a burden for the nation. The debt, imposed by France to punish Haiti’s residents for liberating themselves from their slave masters in a insurrection that received their independence in 1804, later turned a U.S.-owned asset serviced by a financial institution that may turn out to be Citibank. In that sense, this long-standing downside is immediately associated to the problem of Wall Street’s energy and dominance within the age of greenback hegemony, an influence that’s challenged, in principle, by cryptocurrency and blockchain expertise.

The dialogue then turns to what options, technological or in any other case, would possibly exist to create a system that empowers folks somewhat than leaves them depending on charity and international support, with all of the strings that come hooked up to that.

It’s the form of episode that reminds us why the concepts behind crypto and blockchain matter.

This episode was produced and edited by Michele Musso with bulletins by Adam B. Levine. Our Holiday theme tune is “Father Christmas” by Cody Martin.