Peter Mettler’s enthralling, mind-bending new documentary is a tour de force that challenges our conception of time – and perhaps the very fabric of our existence. With stunning cinematography and a knack for capturing astonishing moments, “The End of Time” travels the planet – from the Cern particle accelerator outside Geneva to the lava flows of Hawaii; from a disintegrating Detroit where Henry Ford built his first factory to the tree where Buddha was enlightened. Both mind-expanding and eerily familiar, Mettler’s provocative film explores the links between renewal and destruction, between primordial mysticism and the furthest reaches of modern science, giving the viewer a transcendent cinematic experience.
11th FinTech Forum | 21st Nov. 2019 FinTech Forum – launched 2013 in Frankfurt am Main – is the first and largest hub for FinTech in Continental Europe, with a network of 12000+. Our 18+ […]
Andreas Antonopoulos has predicted that the world’s money supply will suffer the fate of information in the fake news era.
Money To Get Its Fake News Moment
In a originally held April 11 but republished Saturday, Antonopoulos said that in light of the multiple currency failures seen in recent times, consumers no longer know what gives cash in their pockets value. During the discussion Antonopoulos commented:
What’s really interesting is what just happened in [the] news that has left an entire generation of people now unable to discern truth from fiction, easily manipulated through propaganda […] What I’m going to suggest today is this is about to happen to money.
Just like the information consumer watching television or reading news sources online, the debate about whom to trust and whether the reputation of a source means that source can be considered reliable is now transferring to the financial sector.
Antonopoulos highlights the currency failures in countries including Zimbabwe, , and Ukraine as prime examples of central banks failing to uphold the promise that cash will be worth approximately the same tomorrow as today.
One day, that phrase which seemed so meaningful and strong and satisfying – ‘the full faith and credit of the United States of America’ […] – compare it to this one: ‘the full faith and credit of the National Bank of Zimbabwe.’ […] That sentence no longer has much weight to it.
In terms of bitcoin’s role in providing a haven away from trusting third party authority, Antonopoulos used India’s in the virtual currency following demonetization of last November.
bitcoin is not going after replacing national currency; […] it’s doing something far more dangerous: it’s encouraging people to put their savings outside the system.
Germany: ‘If You Think bitcoin Is Safe As Fiat, Take Responsibility’
For those a month after Antonopoulos’ words, a warning against using bitcoin, this time from Germany’s central bank, now strikes an altogether less sincere tone.
“From our perspective bitcoin does not constitute a suitable medium for storage of wealth,” Bundesbank board member Carl-Ludwig Thiele German newspaper, Die Welt, last weekend. “Just one look at the highly volatile exchange rate demonstrates that.”
In further comments even more ironic in light of Antonopoulos’ words about trust, Thiele continued:
Whoever nonetheless thinks bitcoin is as safe as the euro or dollar must take responsibility for that. All we can do is warn people about using bitcoin as a means of wealth storage.
What do you think about Andreas Antonopoulos and Carl-Ludwig Thiele’s opinions? Let us know in the comments below!
Images courtesy of Andreas Antonopoulos, Reuters, AdobeStock
Peter Mettler’s enthralling, mind-bending new documentary is a tour de force that challenges our conception of time – and perhaps the very fabric of our existence. With stunning cinematography and a knack for capturing astonishing moments, “The End of Time” travels the planet – from the Cern particle accelerator outside Geneva to the lava flows of Hawaii; from a disintegrating Detroit where Henry Ford built his first factory to the tree where Buddha was enlightened. Both mind-expanding and eerily familiar, Mettler’s provocative film explores the links between renewal and destruction, between primordial mysticism and the furthest reaches of modern science, giving the viewer a transcendent cinematic experience.
