site.btaWebit Foundation Chair Calls Trust "the Only Reliable Currency" for the Future

“A world is emerging where we will need to discover new challenges for humanity,” said Plamen Rusev, Executive Chair of the Webit Foundation, during the Powers Summit in Sofia on Tuesday.

The forum brings together representatives from government, political parties, and business to discuss security across all sectors. Co-organized by the Webit Foundation, the main themes this year include healthcare as an element of national security, energy security, defence and innovation, education as an investment in security, financial security, and digital and cyber security.

Rusev also said: “Trust is a currency, and unfulfilled promises are its inflation — this is the arithmetic of survival for the next decade. At present, fear and greed are battling as never before.” He noted that trust remains the only reliable currency for the future.

“The entire AI boom depends on three factories in Taiwan and a single crisis — whether a natural disaster or cyber incident — and the world could be without advanced chips for years. This is not a market, this is a prayer,” Rusev said.

He argued that the largest “elephant in the room” is global debt, which has reached USD 323 trillion. Debt servicing costs for OECD countries already exceed USD 2 trillion annually, while the US national debt stands at USD 38 trillion. Interest payments alone amount to a trillion dollars a year. “This is an economic heart attack waiting to happen. Inflation is no longer a number; it is a class position. Assets grow faster than anything else for the wealthiest, while for the remaining 90% of the population there is hidden hyperinflation. Money no longer measures value, only power,” Rusev added.

He pointed out that the White House recently published its new national security strategy, presenting European allies as weak, questioning whether some NATO members will remain reliable due to demographic and migration trends, and calling for resistance to Europe’s current trajectory. “America is reorienting, and [Washington's] stated goal for Russia is now the restoration of strategic stability rather than countering aggression. The strategy explicitly states that Europeans consider Russia an existential threat, implying that the US does not share this view. For Eastern Europe and Bulgaria, this means facing a choice not encountered for over 30 years: independence or dependence. The security umbrella we once took for granted is now in question,” the expert said.