#43 Interview with Syed Muntasir — Innovation Strategy at Oxford & Director General, Bangladesh Foreign Affairs Ministry

<p>In this episode, Dr. Syed Muntasir returns to the Cryptocurrencyteens podcast to reflect on the current political and economic landscape, specifically from his perspective as Director General at the Bangladesh Ministry of Foreign Affairs. He discusses his high level thoughts on the macro level economic issues faced by the global business community and Bangladesh, explaining the ways in which Bangladesh was affected by many of the global economic issues of recent times. He touches on ways that global supply chains have been impacted by what is going on in China and how blockchain can be utilized to improve global supply chains.</p> <p><br></p> <p>Another area that holds potential promise for cryptocurrencies to improve financial inclusion and the financial systems is in the area of Central Bank Digital Currencies, also known as CBDCs. China, Bahamas and Nigeria have launched high profile CBDC pilots, and many other countries are seriously studying the potential for CBDCs and considering pilots. Dr. Muntasir elaborates on Bangladesh’s stance on CBDCs and shares his own ideas regarding &nbsp;the potential for CBDCs.</p> <p><br></p> <p>In our discussion of the global economy in the face of COVID-19, the Crypto Winter, and the current US recession, he shares his thoughts on whether or not he believes that cryptocurrencies are correlated with interest rates and the stock market. In addition, we get to hear his thoughts on the rebound of Bitcoin and other Altcoins, and how the potential rebound of the cryptocurrency market could help the overall American or global economy to recover. This episode also examines the impact of blockchain and cryptocurrencies on innovation and entrepreneurship, exploring the roles blockchain and cryptocurrencies can play in spurring economic growth and mitigating challenges in the global market.</p> <p><br></p> <p>Other illuminating areas of discussion include the Metaverse and its potential, the role of cryptocurrencies in providing a payment infrastructure for the Metaverse, and his re