Stable Money

Are blockchains and cryptocurrencies the downfall of today's financial system, the end of security and prosperity, a single environmental sin and lead directly to anarchy? In this startling book, Thomas G. Dünser provides a generally understandable introduction to the dangerous vulnerabilities of our financial system and explains how we can use blockchain and DLT to build a better and safer money and Finance can be built. This book presents the origins and structure of today's financial system in a way that is understandable to the layperson and provides a clear view of its dangers. We seem to have learned little from the financial crises of the past. On the contrary, the fragility of the financial system has increased in recent years, threatening the entire national economy in many countries. A major cause of the problem is the way money has been created, stored and transferred until now. But we are in a position to solve this problem.

Thomas G. Duenser is Director of the Office for Financial Market Innovation and Digitization of the Principality of Liechtenstein and has been involved with blockchain technology for many years, also from a state's perspective: among other things, he led the devel-opment of Liechtenstein's Blockchain Law (Token and VT Service Provider Law, TVTG), the world's first comprehensive regulation of blockchain technology. He holds a doctorate in engineering, spent several years in a leading position in risk management and treasury at a bank, and experienced the financial crisis of 2008 in one of the heart chambers of the financial system. His latest book, "Legalize Blockchain - How States Should Deal with Today's Most Promising Technology to Foster Prosperity," was published in 2020.