They call it the charitable-industrial complex: a system where money for development, for humanitarian needs, and for improving the lives of billions is controlled through a top-down process, run by U.S. charities and shaped by U.S. tax rules and regulations.
The first Money Reimagined podcast episode of 2021 dives into the problems this creates. Can we get away from this top-down, centralized system to build a bottom-up model that empowers the people charities are trying to help? And will the decentralizing power of crypto and blockchain technology play a meaningful role?
In this episode we dig into the “why” of this empowering new technology. What’s the point? And more importantly, who is it for?