BankSith on Nostr: From 1900 to the present day, Germany has been a stage for dramatic currency ...

From 1900 to the present day, Germany has been a stage for dramatic currency upheavals, each marking a pivotal moment in its tumultuous history. The nation witnessed the fall of the Mark and the rise of the Paper Mark in 1914, only to be thrust into the chaos of #hyperinflation and the desperate adoption of the Rentenmark in 1923. The Reichsmark emerged in 1924, symbolizing a fleeting stability before the devastation of World War II. In 1948, a divided Germany saw both West and East adopt their own versions of the German Mark, a stark reminder of the Iron Curtain's shadow. The reunification in 1990 brought the Mark of the GDR to an end, replaced by the German Mark, a symbol of newfound unity. The dawn of the 21st century saw the German Mark give way to the #Euro in 2002, a currency that had already begun its silent reign as book money in 1999. Over a century, these seismic shifts were often accompanied by promises of debt relief and prosperity. Now, as we stand on the brink of a new era, money is transforming once again—this time into central bank digital currency, endlessly producible at the push of a button, costing nothing, and threatening to enslave everything and everyone.

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