Financial intermediation is a necessary precursor, and consequence, of economic development. The process of monetisation is the key enabler of this process, and also benefits from it. The invention of money, especially paper and coin, to carry out commerce, was the lifeblood that enabled the growth of economies and simplified peoples' everyday transactions. Digital money is poised to revolutionise economies and transactions. Please watch all the videos in the series, and the money series, to get the full picture.
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