Why Tim Draper Says Indonesia Is a Great Place to Be

Why Tim Draper Says Indonesia Is a Great Place to Be

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Wayground Content

FREE Resource

The transcript discusses the potential of Bitcoin and blockchain to provide banking solutions for the unbanked in Indonesia, highlighting the opportunities for a rising middle class. It also addresses the challenges of investing in China due to capital controls. The speaker shares excitement about entrepreneurial opportunities in Jakarta, mentioning companies like Go Jack and Grab. The lack of infrastructure in countries like Indonesia is seen as an advantage for innovation, allowing them to leapfrog existing technologies.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the potential benefits of using Bitcoin as a currency in Indonesia according to the speaker?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the speaker mean by 'leapfrogging' in the context of Indonesia's banking services?

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