Tag: barter

A brief history of money – From gold to bitcoin and cryptocurrencies

A brief history of money – From gold to bitcoin and cryptocurrencies

A brief history of money – let’s consider the concept of money as an abstraction of value. Money is as old as human civilisation and civilisation itself is reliant on possessing ways in which to exchange, account for, and transfer value. What once started as barter trade (trading goods for goods) was replaced using standardized…

Bitcoin Was Useless In This Disaster Scenario – Cash & Gold King In Hurricane Maria

Note from Dan Rubock, Producer of Hidden Secrets of Money series: You can help Rincon (my hometown, also Edd Santoni in this video) by donating at the following link: https://www.gofundme.com/aid-for-west-puerto-rico This local restaurant has become a community hub and savior for many people in Rincon.They have literally closed their business down to become a relief…

Why Bitcoin is Better Than Gold, with Wences Casares

Why Bitcoin is Better Than Gold, with Wences Casares

Xapo CEO and founder Wences Casares explains why, after a 5,000 year reign, gold has been surpassed by bitcoin as the ideal ledger. Don’t miss new Big Think videos!  Subscribe by clicking here: http://goo.gl/CPTsV5 Transcript: Bitcoin is a new digital currency that is perhaps the best form of money that we have ever seen. It’s…