History lesson with Jeff? Virutal Currency Fintech History From Gold To Paper Money
The development of FINTECH (financial technology) has come a long way. From precious metals to paper dollars and coins, we are now in an era of virtual currency. In this video we take it back to ancient China for the first introduction of paper currency then through to the Federal Reserve.
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Interesting thing about money is it is never the working class that determines how money is established and implemented. It is the government and rich. Will be curious if cryptocurrency can be implemented without the government getting their fingers involved.
For future viewers: price of bitcoin at the moment of posting is 8647.70USD
Awesome video. I've been learning about the history of money, gold, silver, and the credit system way before I knew what cryptocurrencies were. Glad to see one of my favorite channels talking about it too.
thanks!