TED: The future of money | Neha Narula

The video explores the concept of money, starting with the Yap's Rai stones, highlighting how value is a collective agreement. It transitions to digital money, discussing its reliance on institutions and the friction it causes. The future of money is programmable, with cryptocurrencies like Bitcoin leading the way. These digital currencies offer a decentralized, secure way to transact without intermediaries. The video envisions a world where programmable money enables new forms of innovation and value exchange, while also addressing potential challenges and ethical considerations.

What role does cryptography play in the functioning of cryptocurrencies?

How does the text suggest that programmable money could change the way we interact with services?

What is the significance of the comparison between the first cryptocurrency and the first automobile?

What are the potential benefits and drawbacks of a world with programmable money?