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William Michael Cunningham on Impact Investing, Blockchain, and Crowdfunding

September 2018 - 10 Questions

William Michael Cunningham on Impact Investing, Blockchain, and Crowdfunding
Interview by Carly Schulaka
WHO: William Michael Cunningham
WHAT: Economist, impact investing specialist, founder of Creative Investment Research

WHAT'S ON HIS MIND: “Any finance professional in the U.S. should learn how to code in
blockchain.”

1. You are an economist, an inventor, and an impact investing specialist. I’ve heard you say: “True innovation happens in a way that is independent of monetary returns.” How does this statement influence your work?

It’s really about finding an interesting problem and applying financial technology to solving that problem or to dealing with that problem.

You know, the people who invented the alphabet didn’t do so to make money. They had an interesting problem—communication on both a local and a grand scale—and if you were to calculate the social return for the invention of that technology or technique, it’s almost infinite.

So, that reall…