Unlike in the past, the value of money is no longer tied to something real. The money supply of state currencies is now controlled by the central banks, which can print money practically at will. Triggered by the resulting loss of purchasing power of paper money, people are looking for alternatives. This is where blockchain technology comes in and enables new forms of currencies. Among other things, this technology provides the technical basis for digitising physical assets in a meaningful way and making them tradable anytime and anywhere.

Karl Reichmuth, founder of Reichmuth & Co, private bankers Lucerne and co-founder of RealUnit Schweiz AG presented his new book "Neue Währungen in Sicht" (ISBN 978-3-03875-385-8) to the public on 21 June 2021. Together with many well-known co-authors from the world of finance and crypto, he bluntly illuminates the major problems of today's currency system, which is increasingly reaching its limits.

The banking, currency and IT experts outline the blockchain landscape and present various currency alternatives. Domenic Parli, Chairman of the Board of Finemetal AG, was allowed to contribute a chapter on the advantages of physical gold and the digitalisation of precious metals, as well as their future function as a means of payment on the blockchain.

The book is recommended for anyone interested in the history of money, actively concerned about preserving the value of their assets or wanting to gain more insight into the new world of cryptocurrencies. Contact us if you are interested in a copy.