Nov
03

Money Makes the World go Round, but who is minding the Digital Mint?

Money Makes the World go Round, but who is minding the Digital Mint?The intrinsic significance of money is relative to society’s perception of what is valuable. This lecture takes an informative but light hearted look at the nature of money, how society values money and how with today’s technology anyone can mint their own currency. Money systems like M-Pesa in Kenya, airline miles and various other value-based schemes are redefining money in today’s society. Joe DiVanna discusses the iconographic and social significance of currencies, little known historical facts, and how technology is changing the world’s perception of money. This discussion examines how currency technologies spawn a revolutionary change in “how we value things” and an evolutionary process of “why we value things”.