Today’s Solutions: May 06, 2024

There’s hardly anything that can have a deeper impact when it comes to changing the world for the better than a more fair and just money system. The current financial system works best for established institutions and a few individuals—that 1% is not such a bad guess. But in this field as well the Internet promises radical reform. Here’s an example. Stellar is a new digital currency that is the brainchild of Rodrigo Batista, CEO of Mercado Bitcoin in Brazil—one of the largest bitcoin exchanges in Latin America. Stellar will let you transfer money to anyone, anywhere in the world, with any form of currency. You could send dollars from the US through Stellar and have them arrive in Europe as Euros. You could pay someone in bitcoins and have them arrive in Mexico as pesos. Keep your eye open for further web money initiatives that will do what money is supposed to do: Serve the people!

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