Money, A Global Game of Trust

The video explores the concept of trust in relation to money, highlighting how money is an imaginary construct that relies on collective belief. It traces the evolution from commodity money, like barley, to symbolic currencies such as gold and coins. The development of banking and paper money further illustrates the layers of trust involved in modern economies. The video concludes by questioning how trust will persist as wealth becomes increasingly digital.

How did the invention of writing relate to the concept of currency?

What are some characteristics that a material should have to be used as currency?

What is the main reason we use gold as currency according to the text?

Explain the significance of the royal seal on coins.

What role do banks play in the context of currency and trust?

Discuss the implications of money being described as imaginary.

What challenges does the concept of trust face in the digital age?