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Money Is A Technological Fiction (The Invention of $$$)

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Channel: Be Smart
Categories: Economics   |   Society / Culture   |   Philosophy   |   Social Science  
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Thanks to IBM Z for supporting PBS. To learn more about the annual student contest, go to https://ibm.co/2nVdMtD . To learn more about IBM Z go to https://ibm.co/2nVagPR
More info and sources below

Check out or friends from Two Cents for more great videos about money and finance! https://www.youtube.com/channel/UCL8w_A8p8P1HWI3k6PR5Z6w

Money. We all use it. But is it real? I mean, you can touch a coin or bill, but who decided thats worth anything? And what about all those 1s and 0s getting swapped and traded by computers thousands of times per second? How are those worth anything? We trace the history of money, from physical barter to bitcoin, and discover that money isnt just a lie we all agree to share, its been built on the back of technology and invention for millennia.

References: https://sites.google.com/view/invention-of-money-references/home

Special thanks to our Brain Trust Patrons:
AlecZero
Bob Rosset
Brent M.
Diego Lombeida


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