Chris Skinner's blog

Shaping the future of finance

Financial people think digital will beat physical by 2030

I just picked up Deloitte’s report on blockchain where 76% of finance executives have voted that digital currencies may overtake fiat currencies in the next decade*. Most of us would just read that statement and go meh. Not me. That’s a phantasmagorical statement. People in finance think fiat currencies are dead? What? If true, we…

Who owns the mandate?

I was intrigued by a new report from the IMF entitled: The Impact of Fintech on Central Bank Governance (you can download it for free). I was particularly intrigued by its opening: Central bank governance is a concept composed of four constitutive and interrelated components: a central bank’s (i) mandate, comprising its objectives (the “why”),…

What if you had “f**k you money”?

I was quite taken by South Park’s co-creator Matt Stone talking to Bloomberg, about a deal where he and his co-founder Trey Parker just got paid $900 million to make six more seasons and 14 movies. His specific comment: “As you can see from this deal, we have f**k you money now” … made me think….

The Finanser’s Week: 30th August 2021- 5th September 2021

The main discussions on the blog this week include … Fires to the left of me, floods to the right and here I am, stuck in the monsoon with you I heard a statistic on the BBC that natural disasters due to weather are costing the insurance industry seven times more today than in the…

Why I bought a Watford FC shirt, when I’m a Spurs fan [bitcoin]

A while ago, I spotted that Watford was sponsored by Bitcoin. They must have made a mint out of that and will be buying up Harry Kane soon, if he’s not already gone somewhere else. Nevertheless, I wanted their shirt. In fifty years, who knows what a football team shirt, sponsored by Bitcoin, would fetch…

What is identity?

I’ve been close to Peter Vander Auwera for many years, thanks to Innotribe. He retired a few years ago on bitcoin – I wonder how many times I will use that line? – and became an artist. Great guy. But he’s still tracking me and others in the Finverse and posted this yesterday. It’s so…

BNPL became a big thing in August

Some years ago, July 2015 to be exact, I interviewed Niklas Adalberth, co-founder of Klarna. Niklas left the company shortly after but is still invested and, interestingly, is investing in other unicorns like Mollie. Not bad for a guy who was flipping burgers for a living in his 20s (he’s now 39). I quote from that…

What is ‘sustainable investing’?

I have a few friends who are climate deniers. That’s fine, they are entitled to their views, but I cannot accept that view. There’s too much science that shows the world is changing. Their argument – those who believe this is not a climate emergency – is that it’s just Earth going through its’ regular…

The Finanser’s Week: 23rd August 2021- 29th August 2021

The main blog discussions this week include … 15% of the world’s population has a disability 15% of the world’s population has a disability. According to the Return on Disability Group, this consumer population is bigger than China and accounts for $1.9 trillion in disposable income. That makes me wonder why banks and companies don’t…