When we talk about securing cash, we need to think one step further: it’s also about our country’s currency security! Other euro countries successfully demonstrate how financial expert and Superfund founder Christian Baha analyzes.
A smart Tyrolean fought the economic crisis 91 years ago with a parallel currency. We could learn from it – and circulate a digital shilling as the euro’s stronger sibling. With the Freigeld, Michael Unterguggenberger, mayor of Wörgl, created an economic miracle in the midst of the Great Depression. The success seemed endless, but the end was not long in coming: after only 14 months, Freigeld was banned again because more than a hundred other communities also wanted to create their own hard currency.
Source: Krone
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