Money is a collective fiction that is about to be rewritten

The future of money | Neha Narula · 16:17 · Video: TED · Watch at the source

In short: What happens to our global economy when the underlying systems of buying and selling are fundamentally redesigned? This talk explores the radical shift toward a world where traditional banks and currency exchanges may become obsolete.

Digital currency researcher Neha Narula examines the transition toward a future powered by cryptocurrencies like Bitcoin and Ethereum. Rather than viewing money as a physical constant, she frames it as a 'collective fiction'—a shared belief system that is currently undergoing a technological transformation.

The presentation explores how these decentralized systems could remove the need for traditional financial intermediaries. It provides a vision of a different economic landscape where the mechanics of how we pay for things are decoupled from established banking infrastructures.

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