Understanding digital money: Bitcoin, stablecoins and CBDCs explained simply

CBDCs, cryptocurrencies and stablecoins

There were times when money was simply „there“ in everyday life. You earned it, withdrew it, paid with it, transferred bills - done. And that was one of the quiet qualities of the old system: it was so reliable that you hardly noticed it.

Many technical things work best when they remain invisible. Cash is a good example of this: it is tangible, easy to understand and allows for an exchange without a system immediately running in the background that logs or evaluates everything. This was normal for decades. You didn't have to be an expert to participate in business life. That will change in the future.

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The Crimean Tatars - history, origins and present of a forgotten people

Crimean-Tartar steppe

Crimea has been in the headlines again and again for years. In this context, the name of the Crimean Tatars is often mentioned - usually briefly, often without explanation. However, if you want to understand who the Crimean Tatars are, you have to go much further back than the political conflicts of the present.

It is not about a single event or a clear „hour of birth“, but about a long historical process. This chapter attempts to explain this in detail: where this people comes from, how it was formed and why its identity cannot be pinned down to national borders.

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Understanding high energy prices in Germany: Gas, electricity and gasoline explained simply

Energy prices in Germany

I am comparatively unaffected by high energy prices in my everyday life. I mainly work with Apple computers that have been optimized for efficiency for years and move around the city almost exclusively electrically. Soberly speaking, that doesn't cost the earth. And yet I can't shake off one thought: all around us, companies are coming under pressure, production facilities are closing or relocating. The same phrase keeps cropping up in conversations, reports and side notes:

Energy prices are too high.

If you take a closer look, a strange contradiction emerges. For many private individuals, energy has become noticeably more expensive, but is still manageable. For companies, on the other hand, it seems to be increasingly threatening their existence. This inevitably raises the question: What is the actual reason for this? And why is it so difficult to get a clear, understandable answer?

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Jeffrey Sachs warns Germany: Why Europe's security needs to be rethought

Jeffrey Sachs writes open letter to Chancellor Merz

In his open letter to German Chancellor Friedrich Merz, published in the Berliner Zeitung on December 17, 2025, the well-known economist and professor Jeffrey D. Sachs speaks out with a clarity that has become rare in the current European debate. Sachs speaks not as an activist, not as a partisan and not as a commentator from a distance, but as an economist and political advisor who has worked for decades at the central interfaces of international crises, security architectures and economic upheavals. The open letter contains an unusually sharp quote:

„Learn history, Mr. Chancellor.“

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Ulrike Guérot: A European between idea, university and public discourse

Ulrike Guérot and Europe

There are people whose thoughts you like to follow not because you agree with them on everything, but because they make an effort to penetrate things. For me, Ulrike Guérot is one of these voices. I have been watching her lectures for several years now - not regularly, not ritualized, but when I come across a topic that I feel is worth listening to more closely. What strikes me is that her arguments are calm, structured and largely non-ideological.

This does not make her lectures spectacular in the media sense, but they are sustainable. You can listen to her for a long time without getting the feeling that she is trying to sell a ready-made world view. Especially at a time when political debates are often morally charged or emotionally truncated, this way of speaking seems almost old-fashioned. In the best sense of the word.

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Game theory explains 25 years of geopolitics: How Europe lost its strategic role

Game theory explains 25 years of geopolitics

For many, game theory sounds like dry mathematics, like formulas, like something that only plays a role in lectures or business games. In reality, however, it is an ancient thinking tool that existed long before its academic formalization. Diplomats used it, commanders used it, captains of industry used it - long before it was even called that. In the end, it is nothing more than a sober question:

„When several players have to make decisions in an uncertain situation - what options do they have and what are the consequences?“

This kind of thinking has become surprisingly rare today. Instead of analyzing alternatives, much is narrowed down to moral narratives or spontaneous interpretations. Yet in geopolitical issues in particular, a clear analysis of the possibilities would be the foundation of any mature policy. It is precisely this old craft that I would like to take up again in this article.

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Permanent crisis as a normal state: How narratives distort our perception

Permanent crisis, narratives

It's strange how certain developments creep up quietly and only reveal their full impact in retrospect. When I think about how I perceive the news today, I realize that my approach to it changed fundamentally more than twenty years ago. Since the turn of the millennium, I have hardly watched any traditional television news. It was never a conscious decision against something - more a gradual growing out of it. At some point, I simply realized that the daily bombardment of alternating doomsday scenarios was neither improving my life nor making my vision clearer.

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The EU's 28th regime: The silent restructuring of the European Economic Area?

28th EU regime

At the moment, half of Europe is talking about the so-called „28th regime“. Many are wondering what this is actually supposed to be. A new state? A secret EU project? Or just another attempt to modernize the single market? In fact, it is a concept that sounds grand, but in essence describes an additional form of company that is supposed to be optional and purely voluntary. The name „28th regime“ comes from the fact that there would be another set of rules in addition to the 27 national legal systems - like an additional tool in an already full toolbox.

The idea behind it did not come about overnight. Start-ups, investors and some SMEs have been complaining for years that the EU consists of 27 very different economic areas. Depending on which country you start up in, you have to follow different rules: different founding formalities, different liability rules, different requirements for employee participation or raising capital. This is an obstacle for international tech companies and often a deterrent for founders. This is precisely where the EU institutions want to start.

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