TED: Bitcoin. Sweat. Tide. Meet the future of branded currency. | Paul Kemp-Robertson

TED: Bitcoin. Sweat. Tide. Meet the future of branded currency. | Paul Kemp-Robertson

Assessment

Interactive Video

Business, Information Technology (IT), Architecture

11th Grade - University

Hard

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The video explores the concept of alternative currencies in a digital age, focusing on Bitcoin's rise as a decentralized currency and the shift in trust from traditional institutions to technology and brands. It highlights how brands like Tide and Nike are becoming new forms of currency through reputation and loyalty programs. The discussion extends to mobile airtime as currency and the historical context of corporate currencies, questioning the future role of governments in money management.

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4 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the term 'liquid gold' refer to in the context of Tide detergent?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways has Vodafone addressed the issue of small change in Egypt?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How might technology be changing the perception of money and its relationship with government?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What implications does the rise of alternative currencies have for traditional economic systems?

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