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The future of money

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The Future of Money : Documentary on the Changing Concept of Money and Currency (Full Documentary)

2 842 views | 20 Feb. 2016

The Future of Money :

The Future of Money : Documentary on the Changing Concept of Money and Currency (Full Documentary).

This is a seriously great documentary that's very interesting and fun to watch and part of a series of exciting and informative documentaries. This Youtube channel is for learning and educational purposes. Learning and Education are fundamental and important in today's society and becoming increasingly more accessible and convenient online. The availability of important information which is also entertaining helps everyone grow mentally and emotionally as people both individually and as a whole. Documentaries are the resource of choice of the information and internet generations of students around the world. The documentary here along with the other documentaries on this channel relate to important times and people in history, historic places, archaeology, society, world culture, science, conspiracy theories, and education.

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Raymond Estara

Is it possible that cash may be eliminated in our lifetimes? When all forms of currency will be electronic? Most people in America nowadays only use cash for very small purchases, and that amount gets smaller and smaller each year. 20 Years ago I was at the ATM at least 3 times a week to get cash. Now almost all of my purchases are on my credit card or withdrawn automatically from my bank account. I go to an ATM less than twice a month.

فيصل العنزي

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lisa starves

The RICH... dont like poor and thats the TRUTH about THAT...

The future of money

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The future of money | David Birch | TEDxWoking

55 513 views | 5 Feb. 2015

Does cash still have a

Does cash still have a place in the modern world? What could possibly replace it? Is cash a barrier to innovation and what opportunities lie in a cash-less system?

In this brilliantly funny talk, David opens our eyes to the possibilities that come if we begin to decide together what we actually want.

(From The WWF-UK Living Planet Centre, Woking for TEDxWoking, guest-curated by Sam Marshall and Kate Mair.)

David G W Birch is an internationally-recognised thought leader in digital money and digital identity. One of the 2014 “Power 50” in European digital financial services and a NextBank Fintech “titan”, in 2013 he was named one of WIRED magazine’s global top 15 favourite sources of news from the world of business and finance and was ranked the no.1 influencer in European emerging payments by Total Payments magazine.

David is a Director of Consult Hyperion, the technical and strategic consultancy that specialises in electronic transactions. Here he provides consultancy support to clients around the world, including all of the leading payment brands, major telecommunications providers, governments bodies and international organisations including the Bill & Melinda Gates Foundation. Before helping to found Consult Hyperion in 1986, he spent several years working as a consultant in Europe, the Far East and North America.

Described at the Oxford Internet Institute as “one of Britain’s most acute observers of the internet and social networks”, in The Telegraph as “one of the world’s leading experts on digital money”, in The Independent as a “grade-A geek” and by the Centre for the Study of Financial Innovation as “one of the most user-friendly of the UK’s uber-techies”, David is well-known for his thought leadership blogging, podcasts and events for Consult Hyperion’s Tomorrow’s Transactions series.

He has lectured to MBA level on the impact of new information and communications technologies and contributed to publications ranging from the Parliamentary IT Review to Prospect. He wrote a Guardian column for many years. He is a media commentator on electronic business issues and has appeared on BBC television and radio, Sky and other channels around the world. Retail Systems magazine said that his recent book “Identity is the New Money” is bold, forward thinking [and] grapples with weighty issues in a concise and accessible way.

He graduated from the University of Southampton with a B.Sc (Hons.) in Physics.

This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Learn more at http://ted.com/tedx

Marty the H

I want to have a free market where I,m free to transact with anyone I choose without accountability to a bunch of war mongers who make decisions behind closed doors without my consent and then waist my hard earned money on pointless crusades in far off lands. Meanwhile the super rich park their money in offshore accounts whilst the rest of our services are destroyed. Its my energy expelled in order to earn this so called money.

Paul Kent

This reminds me that I need to start using cash, and not my debit card.

MAX

future of money

universalsheep

"I couldnt even tell if its real" ..aaaannnnnddd im out

certifiedhealthnut

bozo

Duggy Dugg

You are apparently ignoring the debt... national debt.. virtually all nation states hav escalating public bond debt...

In ameruka (it used to be America before foreign entities took over.. both legit and criminal ) ameruka is swimming in criminal debt...$20 trillion... and skyrocketing

Greece.. italy.. spain.. Puerto Rico... etc etc are all experiencing abundance... all financed by debt..
Gvt borrows and spends.. cits enjoy abundance... the debt goes up correspondingly... bonds...

gvt sells bonds to get cash ..gvt spends.. we receive... the debt grows as a result.. almost nobody has a clue what to do about it... almost nobody realizes what will happen the minute treasury declares that can't reimburse bonds or pay the interest on the bonds... Disaster... Stone Age... Zombie apocalypse

You will dismiss this... You will make up vague and senseless reasons why it can't be so... It is first was that will be declaration that it can't happen here... This is America... Government won't let it happen...

News flash... Government has been allowing it to happen since 1913... But you are dazzled by TV ... smartphone... fast food... Tobacco ... Drugs... cars... Etc

Nobody can talk to you... Nobody can tell you different... Continue for now in your woozy boozy state.. have fun it won't last too much longer

George Manole

Such an Idiot. 500E = Drog dealer for this cant.

jim hale

Sorry, but do not think others deserve money that they did not earn. I am not against worthy charity. I am against forced entitlement.

Kaarli Makela

Money, as we have been using it since bronze-age coinage, has the drawbacks which have become evident over 2 1/2 millenia of time - if you think poverty, hunger, greed, wealth-hoarding and political manipulation ARE actual drawbacks.
... 99% of us should recognize this is true - even in America!!
I have never before wanted to see an end to 'mere cash', since the alternative was to trust entities that want to charge tolls to move and store our 'money' ...
But now, with the 'futuristic' technology that exists as of today ...
I think it is possible now to make this logical BLOCKCHAIN system work ...
I especially look forward to seeing it used to make VOTING a LOT more Democratic.
And it will all work better, too, to OPT-OUT of the 100 year old power grids ASAP and move toward greener choices ... there are many that already work for entire cities right here in the USA.
We need to psychologically divorce our minds from dependency on The Too Big to Fail entities that MOST heinously limit, siphon away and dilute the tremendous VALUE we all possess, in our collective abilities.
Finally!
I think I see the 'Economic Justice Light' at the end of this long-dark tunnel ...
Value your Labor - Value your Time!
Adopt this change sooner rather than later!
My conclusion comes after following - and enduring - economic matters since the 60's.

sn3192

that was great

Scott Dueweke

Cash is for criminals! David is always entertaining and thought provoking. I challenge his position going into the future due to the increase use of cash by those looking to cash as a shield against the prying eyes of the marketers and data aggregators.

waqasmug

he is the least funny man i have ever heard!

John Undefined

Stores will take hundred-dollar bills. I have seen people buy a couple hundred dollars worth of groceries at a swoop. Why wouldn't the store accept hundreds? Now, a fast-food place or a convenience store won't take them. But you are not going to spend that much money there (at any given time.)

I don't count negative interest rates as a benefit. I count it as a reason to keep cash around. But then, I use cash. The bank, government, or future dictator that wants a mass extermination of people with beliefs he doesn't like doesn't need to know how much I spend on toilet paper, what brand of food I buy, or any of a thousand other details about my financial transactions that could be used to create a profile of me.

Ashley Silva

How do we vote... against this?

Sylwester Bogusiak

Let's create electronically, free of debt money for everyone. That much as someone need. Central bank could muliplies bank reserves in his main computer. Then commercial banks could add new money on customers account. Hyperinflation of electronic money is not the same phenomenon that occurs in the case of hyper-inflation resulting from the printing of banknotes. First of all, no state in the history of this world has yet experienced it. Does anyone want to be first? Full financed freedom for everyone is possible, since money started travelling with speed of light. (Fibreoptics). Debt money system is a new slavery. Wake Up. Do something for better future of your kids. Free of debt money for everyone, a solution to repay the debt. World debt is massive, let's start to repay this, and destroy this money. Repaying the debt to the bank destroys money. So really we need free of debt money in economy, otherwise debt crisis may happen again.

Gianfranco Fronzi

Cash not cash, what do you want?
Well we need cash for drug deals and prostitution, but we can change it to cashless without recording transactions.
You know what you end up with?
Cash.

Jeb Bush

"below zero interest rates are an extra tool of monetary policy"

Yes, and they're also a form of coercion used to force the citizens to spend their money and instad of saving it.

This guy disguises the most orwellian things with a few jokes here and there and the audience eats it up.

Abstract Approach

Yeah why would you need anonymity, only drug dealers and uncivilized slobs wouldn't want there data openly available

lamebubblesflysohigh

Cash money is one of the pillars of freedom!

Fast Food Runner

Yes and the banks will control everything

Cayce Pollard

"What haven't we heard before"?

That "payments pho pas" joke.

Pleiadiaes

This presenter must be sponsored by bankers

sbohunko

Haha, what a waist of time.

"Because you arnt thinking about how money should be, technologists are building bitcoin" he then describes bitcoin as nothing like how it really is

If we use Bitcoin we will be living like Somolians? What???

If I want to buy Methanphetamines I will use Darkcoin and preserve my anonymity - also 20% of the transaction will be a government tax - ROFL - that explains this guys crazy ideas - he smokes meth.

hohohomeboy

As I read "the future of money" I was excited to hear something about alternative money systems since what we got implies crashes by definition. So this should be called "the future of cash". Plus the guy is annoying and not even remotely funny, but that's just my opinion. 

Brian Whelan

'If the American people knew how their banking system worked there would be a revolution before tomorrow morning' Henry Ford Auto Manuf.

Robert Allaire

Mr. Birch....... You are not funny. You are not intelligent, You are the reason for the problems of this world. An Idiot who has sold his soul to the PRIVATE BANKERS. You were extremely rude in the way you spoke to your audience.

markysharky03

That wasn’t very cash money of you

Marcus Starks Music

This intelligent man really bothers me... He reminds me of a species of snake with wings that I've been eating my whole life till one day one nips me, I die and it slithers away...

caswellbay01

So what's new?  What haven't we heard before???  

Tom Marsal

This guy is a liar and not funny.

Gaurav Samkaria

Dark and light currency great idea

kangzosa Vegan MGTOW

Lol, yeah let's get rid of cash and just trust all the banks with our money. That should go well.

ytmm9055

People with to much money - have to much time.....

Bitcoin Rat

hohohomeboy
David is David ! ... love him or loath him he certainly knows his stuff.

thinking outside the box is essential , and society is hurtling head-long into the new internet age - and as David quite rightly says - with little or no perception on the part of the 'general public' as to what is being built - right now - by the cyber geeks and developers in the blockchain space. And as for the politicians who are supposedly 'in charge' ... they havnt got a clue whats coming.

Again , as David points out, mobile is certainly going to be the transport mechanism, and your device will handle a multitude of "digital wallets" and various 'coins' and the phone will intuitively know which App to use. (Apple pay is just the start, and very limited, but it will drive forward the usage)


 

Chris Baker

Negative interest rates would be a really bad thing.

The future of money

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The World After Coronavirus: The Future of Money | Perry Mehrling

3 357 views | 6 Apr. 2020

The COVID-19 pandemic is a

The COVID-19 pandemic is a global crisis of unprecedented scale, with aftershocks that will be felt in virtually every aspect of life for years or decades to come. The Frederick S. Pardee Center for the Study of the Longer-Range Future at the Pardee School of Global Studies has launched a new video series called "The World After Coronavirus," in which we ask leading experts and practitioners from Boston University and across the world to explore the challenges and opportunities we will face in our post-coronavirus future.

The series is hosted by Prof. Adil Najam, the Inaugural Dean of the Pardee School of Global Studies and former Director of the Pardee Center. In this episode, Dean Najam speaks with Perry Mehrling, a Professor at the Pardee School, about the future of money after COVID-19.

Pardee School: http://www.bu.edu/pardeeschool | @BUPardeeSchool

Pardee Center: http://www.bu.edu/pardee | @BUPardeeCenter

#WorldAfterCorona

NoneYoBusiness

this doesn't sound quite right - i would love to hear a debate with Dr Randall Wray

Michael Kummer

Re-globalisation , Interesting ! Hierarchy of money ... Money view .. Start to make sence, more sence than ever.