Some historians, as an example, sustain that this plan is a way to reinforce the Islamic State’s self-anointed legitimacy. (“Money is produced by states). This could be , at the same time, a try to establish commercial relations because ISIS is excluded from conventional banking methods but “there’s not a place in the world that won’t take gold,” as said James G. Rickards, a lawyer, economist, financial commentator and author of “The Death of Money: The Coming Collapse of the International Monetary System. On the other part, it’s supposed that official relations will not exist. “What central bank is going to accept an ISIS coin?” asked David L. Phillips, a former adviser at the United Nations and the State Department, now at Columbia University’s Institute for the Study of Human Rights.