| Title | : | The History of Money (From Barter To Bitcoin) |
| Lasting | : | 10.57 |
| Date of publication | : | |
| Views | : | 599 rb |
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The history of money isn't just a history of economics It's a history of technology Doing a history of technology video was a lot of fun Let me know what you think! Comment from : @besmart |
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Thanks for the VideoHow will Cryptocurrency (Bitcoin ) affect Accountants in future?? Comment from : @basiimaevelyn1381 |
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Ahistorical slop Comment from : @DevanK-rg3td |
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There are just more and more articles and videos from anthropologists who are saying there is no history of barter societies It's simply not true that spot transactions of goods for goods took place on a large scale Debt proceeds money There weren't barter based economies Comment from : @seanwebb605 |
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So, why does it take days on end to get some transactions cleared? If they take milliseconds, what are the banks doing? Holding the money a few extra days, so it pads their investments? Comment from : @caoimhin7122 |
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Wow great explanation❤❤❤ Comment from : @HistoryOfMoney247 |
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Nice❤❤ Comment from : @DikshaMagar-od2mq |
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Bad video Money was never a commodity… anthropologists have never found mythical barter land Comment from : @erikanderson1402 |
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Those silly bitcoiners with their tin foiled hats, when did trusting your governments and banks ever become a problem amirite? Comment from : @deleon9k805 |
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I am very amazed that you could explain money from a scientific perspective and did not have to touch on economic theories Comment from : @azizbek1204 |
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The notes (paper money) were invented by a Vietnamese king (Ho dynasty) But the Chinese conquered Vietnam and took him prisoner and somehow the invention became "Chinese" Comment from : @tata-i5l |
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The myth of barter economies has been busted This is bad info Comment from : @philipripper1522 |
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Money is anything you want it to be worth in value in trade Comment from : @ralts6464 |
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😳😆🧐🤝🤏💳🤌😏😇🛒📡💸🗓 Comment from : @adamboruc6754 |
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From debt to dogecoin? Comment from : @breakingboardrooms1778 |
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Whoever is reading this, I hope you become rich and successful (And go chase your dreams) Comment from : @Kingwu1206 |
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Marshmallow Man plays Getting Over It! Comment from : @gaelonhays1712 |
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I have no Benjamins 😂 I am the most broke person in the usa Single mom life, thank you! Comment from : @Vss7788 |
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Not so fun fact: Taxation was invented by the Greeks The Greek peoples willingly gave bits of their earnings to support the Greek soldiers buy and pay for their armor and weapons Comment from : @theintrovertedaspie9095 |
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The real power is inside of you ELEVATE YOURSELVES!!! Comment from : @ToeStankin |
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I store all my money as physical currency in my locker so that nobody can deny its existence Comment from : @hirakchatterjee5240 |
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Electronic bank accounts might 'contain' so many pounds, but those pounds lose value with time If you store that money in materials and items, they will become more valuable over time, so it's better to do that Comment from : @10thdoctor15 |
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Although money is imaginary, the value of things isn't always The British pound sterling (£) was originally the value of one pound (lb) of sterling silver Comment from : @10thdoctor15 |
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Now i understand why the Top G says money is not real Comment from : @ansonlee9401 |
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Didn’t knew Nigeria was this popular in stealing credit card 💳 Comment from : @temidayojaphet2901 |
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When money is backed by Gold or Silver than you have money Comment from : @georgecupac1202 |
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Hey guys I need money l, can anyone help ? I lost my job Comment from : @MrSiraque |
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I want a printing press, the kind that our government uses Comment from : @kenshultz2664 |
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Gold and silver is real money paper money isnt real U exchange fiat money for real things Comment from : @alexanderwalters8221 |
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Dad: "Money doesn't grow on trees son!!" Son: "Yes it does, you gotta sell the tree!" Comment from : @zacharysaunders2100 |
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It's amazing how much we allow such an arbitrary system to govern our lives and values Comment from : @ems7623 |
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The word "control" was originally a term used to describe the use of multiple ledgers to verify accounts That came to mind when you started talking about Bitcoin-etc Comment from : @UncleJayHubbard |
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Writing may have been made because of money, but it’s ironically really difficult to make any money from writing Comment from : @the_stewbear |
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So much suffering and poverty and death over something we completely made up And we're supposed to be the smartest animal Comment from : @tadstrange1465 |
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Sapien vibes Comment from : @bryanvalcarcel9000 |
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Would be good to add something about a nation's money supply, the sum of all money in circulation What technology underlies various measures (M1, M2] of the money supply? Comment from : @ho-bo-hemian |
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“How much money do you have?” brbNot enough/b Comment from : @ShootingStarStudio |
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The thumbnail makes even more sense if you live in Brazil Comment from : @jonathasantoz |
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The only assured thing is life is death and extinction In the end we are all just dust in the wind Comment from : @lonesoul663 |
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📜✍️🧠💬🌟🙏🌠🌌📚 Comment from : @ashace6092 |
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Amazing! 👏 Comment from : @shericebsperspective |
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I just hate how almost anytime Nigeria is being referenced, it's for fraud Not your fault tho, but it's just annoying honestly Comment from : @kstarbeats2066 |
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I don't agree on money, I'm forced to Comment from : @jessefinnegan1719 |
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Bank notes are just promissory notes Read what it says on them 'I promise to pay the bearer on demand the sum of' Its just basically an iou, with nothing of value to back it up Comment from : @Tranceinyapantz |
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and even more with nfts now Comment from : @maybeanonymous6846 |
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Wait now come we can feel money t hen? Comment from : @tiffanyabramowicz9508 |
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But thumbs up Comment from : @ndowroccus4168 |
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Ya definitely check out Johnny Harris’s video on NFT’s So many great examples on how money is less and less cash, it’s just vigorous record keeping by institutions Comment from : @carlsoll |
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I'd be totally fine going back to barter and trade Comment from : @johnnyarm3181 |
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me: money should'nt exist! i will change the world by destroying money and getting barter back!brmom: yeah whatever but you should give me money after thatbrme: Comment from : @srivaishnavee |
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This just reinforced my hatred for money It's not even real, yet it determines virtually every aspect of our lives Comment from : @XinGraves13 |
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He knows Nigeria brOMG Comment from : @azraumunir3595 |
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Maybe you shouldn’t recommend Nigeria to be d bad example 👎👎😒 Comment from : @chibuikeabraham7759 |
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Smart Comment from : @v-gc7257 |
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Money is backed by actual wealth and made outa stuff Comment from : @derekchristensen5359 |
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I went to high school with Julia from Two Cents, so proud of her and Philip for everything they've been able to build <3 Comment from : @karlsaintlucy |
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Money is not the only thing that is technology everything even the bed or the chair every thing you could imagine even the clothes are technology just not how we image it brBecause THE PEOPLE MADE THEM Comment from : @kateap0150 |
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Let's be real We don't agree on what is worth how much There are Jobs that are payed realy bad and some that are payed over the top Comment from : @TheIhplodur |
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Fun fact: the first Egyptian writings were used for counting taxes Comment from : @scibanana3542 |
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It's so complicated yet so simple Comment from : @thatswhat-she-said5881 |
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Yea that's why writing was invented 👌 😉 yall are really gullible Comment from : @almoen5412 |
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Money is just like toilet paper, we all need it on a daily basis for shyte Comment from : @mobiustrip1400 |
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Yo didn’t watch this but the title is so on point ok now to watch 😂 Comment from : @Gomez_the_trainer |
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Money is not technology, technology is the medium Money is a social abstract construct that exists in the shared intersubjective reality (ie the minds of people in a group) to manage access, control to resources, and value being exchanged Comment from : @aliogaili2057 |
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That Nigerian prince looks an awful lot like Joe Hanson🤔 Comment from : @bluelotussociety |
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Woke Comment from : @bluelotussociety |
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Veritasium just made a detailed video about the value changing 'cosmic rays' in 2021 😂 Comment from : @fluxter7629 |
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I have about 1 billion dollars in my account Comment from : @saitejasvi453 |
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I’m not gonna lie this episode is a little too big brained for me to understand but I still like watching it in hopes I’ll understand one day Comment from : @jayandrews2803 |
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I have 500 rupees right nowbrThat's equal to 3 dollars, 5 cents Comment from : @purplemosasaurus5987 |
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600 Gold in Heroquest Comment from : @panwizard7806 |
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“Imaginary money” seems a bit misleading, as if printed paper or minted coins were more real All money is and always was a representation of value, whatever unit of standardisation is agreed on to represent that value Yes, over time more advance technology is used to ensure that people aren’t cheating the system, so that the community can be confident that the representation of value remains valid However, this technological advancement is necessary so that those who use technology to cheat the system don’t get away with it (too much) Comment from : @RichardWilkin |
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I don't think he realizes that those ponys are a fetish LoLbrbrOr he does 😳😫 Comment from : @xpndblhero5170 |
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If the video were Brazilian, the title would be funny Comment from : @pedroivogs6870 |
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It's paper Comment from : @Galaxy_World |
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My mom is an accountant let's goo 😎 Comment from : @body_blocker |
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Fiat is primitive tech Bitcoin is the future tech Comment from : @r4v1 |
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So, powerplants can switch 'your' money on and off; at least someone has control over 'your' bits and bytes! Comment from : @maanvol |
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Some very useful tips! Will we ever find a versatile and completely recyclable material in the future? #fairweb #livetree Comment from : @LiveTree |
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