Silicon Valley is the world leader in innovation. Its leaders inflate technologies like Bitcoin and Blockchain, which some say are the biggest inventions from the Internet.
The WIR Bank is a supplementary Swiss currency system that serves SMEs mainly in hospitality, construction, manufacturing, retail and professional services.
Some consider it a criminal currency that facilitates the black market and cybercrime; others see in it the money revolution outside the control of governments and power groups. What lies behind this fashionable cryptocurrency?
According to the writings of Herodotus, we have evidence of the existence of coins at least from the 6th century BC. although barter also allowed exchanges.
In recent years, we have witnessed the inception and proliferation of so-called cryptocurrencies, a neologism used to refer to what we might more commonly call "virtual currencies".
Nowadays, big corporations are investing considerabe resources in interpreting the benefits that Blockcoin, the code that Bitcoin works with, and the changes that we can assume that this will mean for its management systems in the future.
Von Weizsäcker contemplates the emergence of currencies such as Bitcoin, as well as the need for the European Union to set up a working group to follow developments in this field.
The future of capitalism and the free market society will be settled in relation to the future of capital, labour and the fundamental resource of exchange: money.
For researchers, monetary crises are particularly fruitful moments, in the course of which "monetary mechanisms disintegrate and the routine operation of money is called into question.
Ann Pettifor was one of the economists who publicly predicted the crisis in 2006 and as such, is one of the few economists worth paying attention to.