The evolution of money, from gold to Bitcoin | Harold Tan | TEDxBreckenridge
Have you ever asked what money is and why we have the money we do? In this talk, Harold describes the history and intention of money up to modern times. Our current monetary system was built pre-internet, and we see systemic issues with money printing and debt leading to record inflation levels and widening wealth inequality. Because money is the glue that holds our society and civilization together, our globally connected but politically divided world is prime for a new form of money.
Harold Tan has built and exited two internet companies and is currently a partner at GoGreenSolar, a nationally recognized business focused on helping homeowners and homebuilders install solar. He has a passion for the empowerment that decentralizing technologies provide, and in 2014 helped transact the world's first solar installation paid entirely in Bitcoin. With a deep technical background, Harold has spoken globally to business leaders and academic institutions on Bitcoin, energy, and the evolution of money. In his spare time Harold studies disruptive technologies and volunteers as an Entrepreneur-in-Residence at UCI's Applied Innovation Cove. He graduated from UCLA and studied entrepreneurship at the Anderson School of Business and information systems at Harvard. This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Learn more at www.ted.com/tedx
One of the best explanations of Money and Bitcoin I've come across! Thx for your exp and analysis
The entire presentation free of note cards and power point did not go unnoticed. Thank you for sharing!
Really refreshing to see bitcoin contextualized against the fundamentals of money, especially in light of issues today of endless war and inflation and growing wealth inequality. I personally find this a lot more grounding and empowering than the popular discourse about crypto regarding get rich quick schemes and other sensationalist and more surface-level information. Hope to see more content out like this!
Excellent Ted Talk! Portability and anti censorship are huge selling points for Bitcoin. Thank you for sharing your knowledge and expertise with us! 😁
great talk
The price of Bitcoin was $17.2k when this was released
Spot on.
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What happens when you lose internet access? How do you use your crypto to buy things you need during, natural disasters, war, large scale cyberattacks, when internet and even electricity are not an option? When your phone and computer have no charge and no way to charge them. There are still flaws in this monetary option to work out. When everything is running smoothly, it will definitely be better than what we currently have.
During natural and man-made disasters, Bitcoin can still be used on local ad hoc or satellite networks powered by solar and backup batteries. This was demonstrated during the Russia-Ukraine war when internet and electricity were not an option.
Real fact was paper money was never backed by gold, no ever seen gold, everyone always, I have it basement, trust me bro.
The talk is real world problem. Money should be separate 100% from the state.