Update Digital Euro
In the vegetation of the Forest Cemetery in Darmstadt, we are joined for this episode by legal scholar Cederic Meier. For it is here that Georg Friedrich Knapp is buried. In his book “Staatliche Theorie des Geldes” (The State Theory of Money), Knapp put forward what was, in his day, a revolutionary proposal: that the value of money should be sought in the validity of state legislation. One of his core theses was: “Money is a creation of the legal system.” For us, this provides an opportunity to discuss the latest developments regarding the digital euro.
