Small Talk Series

The Evolution of Money: From Barter to Digital | Small Talk Series Ep 7


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Often seen as a tangible asset, money is a token backed by trust rather than intrinsic value. Kunal talks about how humans transitioned from barter to shells, then to gold and silver coins, and eventually to paper money backed by gold reserves. However, governments later detached currency from gold, leading to mass printing and inflation. Digital money and cryptocurrencies emerged as decentralized alternatives, aiming to remove control from central banks. Despite evolving forms, money remains a medium of exchange, reliant on collective belief and acceptance.


⁠00:00⁠ Trailer

⁠00:06⁠ What is Money?

⁠02:13⁠ Concept of Barter

⁠04:12⁠ The Transition to Gold Coins

⁠05:38⁠ The Idea of Creation of Currency

⁠06:51⁠ Government Printing Money

⁠08:51⁠ Causes for Inflation

⁠10:15⁠ Trust and Faith in Currency Systems

⁠14:04⁠ Birth of Cryptocurrencies

⁠15:50⁠ Bitcoin and the Examples of Decentralization

⁠17:59⁠ Philosophical and Spiritual View on Money

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Small Talk SeriesBy Kunal Nandwani