Digital Money Isn’t Money. Perhaps a Tool of Control?

Digital Money Isn’t Money. Perhaps a Tool of Control?

Decentralized cryptocurrencies, like Bitcoin, are being seriously challenged today by rapidly developing, government-controlled, Central Bank Digital Currency (CBDC) technologies. 112 countries, representing over 95 percent of global GDP, are exploring a CBDC. This is a big problem, since any type of digital money is not money. Real money is very different. Do you know why?

What Is Money, and Why Are We All So Agreeable?

What Is Money, and Why Are We All So Agreeable?

These questions may seem completely unrelated, but they are not. Together, they address two of the most important processes that are shaping our world today. Money is essential to civilized life. But it is a concept, not a real thing. And, despite so much apparent disagreement around lately, the underlying agreement is far greater than you might imagine. How so?