The Differential Economy
By Jonathan Jones, Founding Manager, Liana Banyan Corporation December 1, 2025 ▶ The Problem: Currencies as Gatekeepers Here's what nobody talks about when they build a global platform... Here’s what nobody talks about when they build a global platform: Bob lives in Greece. His currency is weak — worth about 80 cents on the dollar. Mary lives in Switzerland. Her currency is strong — worth about $1.40 on the dollar. On every other platform in existence, Bob pays more (relative to his economic reality) and Mary pays less (relative to hers). The platform pretends this is fair because “everyone pays the same price in USD.” ...