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David Yermack: The Middle Class, Sanctions, & Cryptocurrency



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Senior Fellow Tatiana Serafin and NYU Stern's David Yermack discuss why cryptocurrency could be a good option for middle-class Russians looking to move relatively small sums of money, noting that Iranian entrepreneurs have been doing this for years, since they don't have access to the SWIFT network.

For full transcript and audio from this talk, please go to: https://www.carnegiecouncil.org/studio/multimedia/20220324-doorstep-cryptocurrency-nft-david-yermack
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Cryptocurrencies
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