How the Corona Crisis Has Shown Us That we Need Bitcoin, Ether & Co.

Introduction

Figure 1: German stock market index DAX during the Corona-caused crash[1]

Digitization of payments

Closed banks and limits for cash withdrawals

Corona contagion via banknotes

Tokenization of assets

Gold and silver: Tremendous fees and limited availability

Inflexible gold products

Predictable money supply

Tremendous public interventions

Crash of all asset classes including Bitcoin

Figure 2: Return of various asset classes in times of the Corona crisis [6]

Innovative management of identities

Identity management

Health certificates

Vouchers

Conclusion

Remarks

  • Blockchain knowledge: We wrote a Medium article on how to acquire the necessary blockchain knowledge within a workload of 10 working days.
  • Our two blockchain books: We have edited two books on how blockchain will change our society (Amazon link) in general and the everything related to finance (Amazon link) in particular. Both books are available in print and for Kindle — currently in German and soon in English. The authors have been more than 20 well-known blockchain experts in startups, corporations and the government from Germany, Austria, Switzerland and Liechtenstein — all contributing their expertise to these two books.
Our two books: the first one on blockchain and the society and the second one on blockchain and finance

Authors

Endnotes

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Professor | Lecturer | Author | Investor | Frankfurt School Blockchain Center

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Philipp Sandner

Philipp Sandner

Professor | Lecturer | Author | Investor | Frankfurt School Blockchain Center

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