David Cham Fixing money means fixing the world’s inequality.

According to pioneering cryptographer David Cham, fixing the shortcomings of traditional money is the solution to global inequality.

Renowned computer scientist Cham, known as the “Father of Online Anonymity”, believes that traditional money is prone to inflation and destruction, which has particularly affected developing countries.

In Cham's view, money in its current form exacerbates the inequality and polarization of the world that threatens human civilization.

“It's not the kind of money you want to hold,” Cham said in an exclusive interview with Cointelegraph during COP28 in Dubai. This is what keeps the world poor.

As an alternative to cash, Cham has developed a new project called “Better Than Cash” that allows users to exchange value directly from their property portfolio.

“It's just the idea that you can pay someone by transferring the value of your property portfolio directly into their property portfolio,” explains Chaum.

According to the cryptographer's vision, the portfolio will be managed by AI, which will be more efficient than banks in managing people's assets.

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