“Digital Currency” Recently, Digital Currency is proceeding, but limited to wallets for purchase. To proceed more, digital currency must be applied to assets classes. Then, paper and coins currency can be invalid. If digital currency is applied to assets and used in smartphones, various types of Bonds and Securities are possible. Digital Currency is associated with Personal Information, and it causes fear and intrust to own government for some people. This problem can be solved by fear to lose money. If paper and coins are invalid, people must use digital currency. To proceed Digital Currency, deleting trust for Bitcoin is good way. Bitcoin is used for dark money, and not in control by trustable organizations. Digital Currency by government can compete Bitcoin if the government is trustable. In addition, Bitcoin has several deep security risk by hackers. Roll back is impossible when hackers steal Bitcoin.
On September 23rd, 2022, I reflected on the importance of the estoppel principle in negotiation skills. The reason why Russia may struggle with negotiation skills is that they don't adhere to the estoppel principle. To develop strong negotiation skills, it is essential to follow the estoppel principle. Historically, Russia has acted for short-term gains, often neglecting the long-term consequences. However, this approach can result in a higher cost in the future. Therefore, it is crucial for any negotiator to consider the potential long-term consequences of their actions, and to adhere to the estoppel principle.