In 2010 he wrote:“I sometimes feel like a flying fish who has had the opportunity to take a ‘bird’s eye view’ of the water in which we swim, and is now trying to report back to its fellow fish and explain what it has learned about what we usually cannot see.”His ideas about money were often ahead of their time.
In 2010 he wrote:“I sometimes feel like a flying fish who has had the opportunity to take a ‘bird’s eye view’ of the water in which we swim, and is now trying to report back to its fellow fish and explain what it has learned about what we usually cannot see.”His ideas about money were often ahead of their time.As a graduate student, he developed the first in-depth research on “floating exchange rates” a year before President Nixon took the United States off the gold standard and initiated a worldwide shift to floating exchange.Tags: Learning And Memory EssaySample Essay In Apa FormatStandard Form Of EssayEssay On Ww1How Many Essays Are On The Ap Lit TestSteps To Solving A Math Problem
And long before blockchain technology emerged to offer a new set of tools for currency development, Bernard advocated for an alternative, multidisciplinary view of money which drew on findings from history, psychology and ecology to expose untruths about the global monetary system, inspiring discourse, debate and global action by entrepreneurs and activists to redesign money from the ground up.
Kenyan communities trade as little as one tomato on the blockchain using Bancor-powered community currencies.
One of my co-founders was presenting our own work on local currencies, and I ended up sitting next to Bernard and translating her entire lecture for him from Hebrew to English, in real-time.
It was intimidating and also exhilarating — to directly share our findings and ideas with a hero who had inspired our work to begin with, via You Tube videos we discovered while researching Bitcoin in 2011.
Later, as a central banker, he designed the European Currency Unit, the precursor — and what many have said was a superior approach — to the Euro we have today.
As the Great Recession wreaked havoc in 2012, and austerity measures constricted the flow of national currencies in debt-saddled nations like Greece, Bernard urged Greek cities and towns to adapt and create their own parallel currency system.We then reconnected several years later after he read the Bancor Protocol whitepaper and believed it to be the breakthrough he had been searching for in his decades of work on complementary currencies.Bernard’s diverse career in money — as a central banker, fund manager, university professor and consultant to private and public institutions alike — opened his eyes to the merits and flaws of different financial systems.I am deeply saddened by the loss of my dear friend and mentor Bernard Lietaer, who died Monday morning at his home in Hoherhagen, Germany with loved ones.I had the great honor of getting to know Bernard in recent years as he served as President of the Bprotocol Foundation and its Chief Monetary Officer.Bernard was a financial justice warrior; a fierce advocate, sharp businessman and revered educator who dedicated his extraordinary career to exploring global monetary systems, uncovering truths about their effect on civilization and shaping their evolution through rigorous research, eloquent writing and heartfelt lectures around the world.I first met Bernard when he came to Israel to give a talk on community currencies at the University of Tel Aviv.He often lamented that she passed away soon after being honored and did not enjoy time basking in the recognition of her pioneering contributions.Elinor published her final piece on the importance of local efforts to global environmental regeneration, Green from the Grassroots, on the day of her death, June 12, 2012 — 5 years to the day before Bancor launched BNT — the network token designed as a commons that could allow for global diversity and multiplicity of local currencies around the world.At this special gathering, we presented an award in the name of the late economist Elinor Ostrom, for courage and leadership in monetary innovation.The recipients were Hilda Heine, the first female President of the Marshall Islands who recently announced plans to create a sovereign cryptocurrency for the nation, and our beloved Bernard Lietaer, President of the Bprotocol Foundation.