Conversations about the Future: Gerd Leonhard & Ross Dawson: The Future of Money
298 views · Published 27 July 2011 · 7:26 · Indexed 1 October 2026
Channel: Gerd Leonhard · 2011 · People & Blogs
Thanks to Ross for setting up this sesssion. You can read his blog post on this video, here: http://gerd.fm/qmrtHT The key points we make are: * The world of money is opening out in a big way today * Facebook credits are becoming an important alternative currency * Cash will phase out for digital payments * The rise of Bitcoin is important in shifting transactions out of the purvey of governments * In many developing countries mobile phones are becoming the predominant banking platform * Micro-payments for content could work through social media and dominant platforms such as China's QQ * These could flow into crowdfunding for creative endeavors * Behaviorally we are some way from micro-payments working well * Money will inevitably shift to the cloud
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