According to UNESCO, “Futures literacy is a capability. It is the skill that allows people to better understand the role that the future plays in what they see and do. People can become more skilled at ‘using-the-future’, more ‘futures literate’, because of two facts. One is that the future does not yet exist, it can only be imagined. Two is that humans have the ability to imagine. As a result, humans are able to learn to imagine the future for different reasons and in different ways. Thereby becoming more ‘futures literate’.”
The panel identified 5 tensions that will drive the future of Money in physical form such as banknotes and coins. in the next decade. We cannot know how these tensions will precisely develop in the future, but we can imagine radically opposing outcomes and increase our understanding of what kinds of futures the different combinations of outcomes create, and what choices we can make.
The panel discussed in more detail how some of these tensions may develop and how this may impact future demand for cash. Some of the key points raised:
An example of a futures table was drafted. A futures table is a tool for imagining radical futures and exploring the largest uncertainties. A Futures table is a precisely defined framework about the future. It is a framework which contains the most important aspects of This is the action by which certain banknotes and/or coins are exchanged for the same amount in banknotes/coins of a different face value, or unit value. See Exchange.. It is on purpose polarised to allow discussing meaningful alternative development directions. By showing them we can identify our own agency in creating a desired futures.
The recording of the webinar can be watched here and the presentation is available for download below.
The next webinar will be held on 9 June @ 14:00 CEST. It will aim at imaging radical future scenarios.