What will tomorrow’s world of money look like? Delve into the world of blockchains, distributed ledgers and digital tokens, and discuss how these innovations might affect the future of money and society at large.
The Future of Money
What will tomorrow’s world of money look like? Tonight, payment system expert Simon Lelieveldt explores what recent developments suggest about the future of money. His thesis is that in an increasingly digital society it is inevitable that new ways of transaction will emerge in the digital sphere. Lelieveldt shows how the invention of the Bitcoin is the tip of a greater iceberg, involving blockchains, distributed ledgers and digital tokens. Looking beyond the monetary system itself, what will these digital innovations imply for the economic system and its power structures? Find out how digital tokens might be used to rethink and reverse value chains like food chains, and discuss what such new ways of transacting could mean in terms of control, transparency and power distribution.
About Simon Lelieveldt
Simon Lelieveldt is an independent consultant for innovative payments. He has worked as a payment expert at ING, at the central bank as a supervisor, and as the head of the department on Financial Markets and Supervision of the Dutch Bankers Association during the financial crisis. In his current work as a consultant, he assists clients with understanding the regulatory and technical challenges of innovative payment and transaction systems. He is also the founder of 'Financieel Erfgoed', a not-for-profit initiative that seeks to share stories and insights from financial history with a wider audience.
About lecture series ‘Money, Trust and Control’
How many currencies do you hold in your wallet, electronic or otherwise? And do you actually regard cryptocoins as money? A decade after the birth of the Bitcoin, we delve into the world of money – a world that seems to be on the move. We start by investigating the very nature of money, taking a historical perspective. This sets the scene for discussing what is happening today, and what we can expect in the future. Explore how societal developments and technical innovations challenge the way in which money is created and used, and what they foreshadow for the way we will transact in the future. Will alternative currencies overturn the existing monetary system? And what about the effect of these innovations beyond the monetary system, for instance on food chains? Travel from the past, through the present, to the future of money, and discover what trust, control and legitimacy have to do with it.