Addressing the flaws of traditional money can help humanity build a more prosperous future by reducing inequality, according to pioneer cryptographer David Chaum.
Fixing the flaws of traditional money is the solution to global inequality, according to pioneer cryptographer David Chaum.
Chaum, a legendary computer scientist known as the "father of online anonymity," thinks traditional money is flawed since it is subject to inflation and devaluation, which have particularly severe effects in developing nations.
In Chaum’s view, money in its current form exacerbates global inequality and polarization, which threaten human civilization.