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Peter Bofinger – The Digitalization of Money and Currency Competition of Cryptocurrencies

Peter Bofinger, professor of economics and member of the German Council of Economic Experts of the German government talks about the digitalization of money. Learn about the concept of currency competition and the implications of the digitalization of money in this video and on the website: http://conference2018.monetative.de/

Keynote: “Digitalization and currency competition” at the Conference “The Future of Money – 10 Years after Lehman and Nakamoto” by Prof. Dr. Peter Bofinger.

Peter Bofinger is the longest serving member of the German Council of Economic Experts which regularly writes reports to the German government about the overall Economic development. Before becoming professor of economics at University of Würzburg in 1992, he was an economist at the Bundesbank (1985 to 1990). Already from 1978 to 1981 he was member of the scientific research team for the German Council of Economic Experts. Bofinger wrote his doctorate thesis about Currency Competition and the vision of Friedrich August von Hayek.

The conference was jointly organized by the German NGO Monetative e.V. and the Frankfurt School Blockchain Center. It was supported by the International Movement for Monetary Reform

Monetative e.V.:
Monetative is a not-for-profit NGO. It was founded in 2012 as a think tank and campaigning organization. It has more than 160 members, many of whom work or carry out research in the field of monetary systems. The aim of Monetative is to inform society, academics and politicians how the current money system works and why the power of commercial banks to create money systematically produces financial crises. As an alternative money system, Monetative campaigns for a „Vollgeld“- or „Sovereign Money“-System.

https://www.monetative.de/ | Berlin, Germany

Frankfurt School Blockchin Center
The Frankfurt School Blockchain Center is a think tank and research center which investigates the implications of blockchain technology for companies and their business models. Apart from the development of prototypes, it serves as a platform for managers, startups and technology and industry experts to share knowledge and best practices. The Blockchain Center also provides new research impulses and develops training for students and executives. It focuses on banking, mobility, “Industry 4.0” and the energy sector.

http://www.fs-blockchain.de/ | Frankfurt, Germany

International Movement for Monetary Reform (IMMR)
The IMMR is an international coalition of nonprofit organisations from across the world, campaigning for a monetary system that serves society. We maintain a very clear and specific aim, namely to change the way money is created and allocated, but we are not dogmatic about the way our proposal is implemented as the details will vary from country to country. To serve this goal, the IMMR supports and connects various national member organisations to share ideas, discuss research and exchange best practices.

Read more: https://internationalmoneyreform.org

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Peter Bofinger
Peter Bofinger (born September 18, 1954) is a German economist and a former member of the German Council of Economic Experts.
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