Future of finance; cryptocurrency, financial education, and the impact of Covid-19 on young people.

The young journalist Harry McCann (member of the pool of young journalists for the EYY) visited the offices of the European Commission Representation in Ireland to interview the EU Commissioner for Financial Services, Financial Stability and Capital Markets Union, Mairead McGuinness.
They discussed the future of finance, and the Commissioner shared her views on cryptocurrency, financial education, and the impact of Covid-19 on
young people.

Watch the interview here: https://www.youtube.com/watch?v=ytDg_i9PgVw&t=230s
and tell us your viewpoint on the topic discussed?!

Join the discussion

3 responses to “Future of finance; cryptocurrency, financial education, and the impact of Covid-19 on young people.”

  1. Baianur Dzhoroeva says:

    Interesting topic, an interview makes to think. Not surprisingly, there is an interdependence between all three themes mentioned above. Truly, the financial system is getting more digitalized and it is hardly influenced by COVID-19, as it brought huge changes in millions of lives. People were forced to transfer financial services to remote mode, and many things started to change to technological solutions. The pandemic was a catalyst in those transformations. Cryptocurrency is another issue, as it is not stable, people should be taught and be aware of managing their money. Solutions should be developed by considering both things: the traditional way, the people used to it, and the future needs of the community. Thank you for an informative interview session.

  2. Joanne Besnard says:

    This is a very complex topic and often we don’t know much about it. I definitely agree, young people should receive specific education in topics like criptocurrency, in order to be ready to face the risks from e-finance.

    • Kenza benohoud says:

      I completely agree with you, the subject of crypto-money is still very complex (for me at least), and there is obviously an interdependent relationship between these three themes as specified by Baianur.
      Regarding finances in general, after a first global health crisis due to covid-19, we are now living a second major crisis: a war, with important repercussions: notably the rise in energy prices and some raw materials, slowing of economic growth and turbulences on the global financial markets.
      Wouldn’t this risk undermining much of the progress that public policies have made in the last two years ? Facing a vulnerable financial market, can e-finance still be considered today?

Leave a Reply

Join other discussions

education environment school young people youth

The Importance of Environmental Education in School Curriculum.

January 23, 2024 0 messages Edith Mabanda
carbon footprint environment Sustainability

Carbon footprint, what is it and how can we reduce it?

January 23, 2024 0 messages Maud Jaquet
environment EU Paris Agreement Sustainability

The Paris Agreement: What is it ?

January 17, 2024 0 messages Maud Jaquet
Sustainable development young people

Young People as Ambassadors of Change for a Green Future

January 10, 2024 1 messages Maud Jaquet
2023 environment European Report SDGs

2023 Report on Sustainable Development Goals in the EU

January 4, 2024 0 messages Maud Jaquet
#Sustainability #Resolutions #Habits #Planet #2024

Sustainability Habits for 2024

January 2, 2024 1 messages Edith Mabanda
EU Green Capital Green Deal sustainibility Tallinn Valencia

European Green Capital Award: What is it?

December 20, 2023 0 messages Maud Jaquet
Ripec CTA

S-DIY infopack

Are you organizing a debate event? Are you unsure on how to master the art of debating? Whether you are a young person who wants to challenge themselves or whether you are a professional in search of inspiration, here are the guideline you have been waiting for. Feel free to check them out: GUIDELINES