A decade after the birth of the Bitcoin, we delve into the changing world of money. Tonight, we go back to basics. What are we actually talking about when we talk about money?
Lecture series Money, Trust and Control
How many currencies do you hold in your wallet, electronic or otherwise? And do you actually regard cryptocoins as money? A decade after the birth of the Bitcoin, we delve into the world of money – a world that seems to be on the move. We start by investigating the very nature of money, taking a historical perspective. This sets the scene for discussing what is happening today, and what we can expect in the future. Explore how societal developments and technical innovations challenge the way in which money is created and used, and what they foreshadow for the way we will transact in the future. Will alternative currencies overturn the existing monetary system? And what about the effect of these innovations beyond the monetary system, for instance on food chains? Travel from the past, through the present, to the future of money, and discover what trust, control and legitimacy have to do with it.
A History of Money
We talk about money on a daily basis. But what are we actually talking about when we talk about money? Tonight, we go back to basics and discuss what the concept of money actually implies. How did money actually come about in the first place, and how did it evolve? Where does it derive its value from? Learn what shells, cigarettes and beads have (not) in common with Euros and Bitcoins, and what role trust, control and legitimacy play in the concept of money. Should we consider cryptocurrencies as money or not, and why? How can we understand different perspectives on this matter? And how can insights from financial history help us to anticipate the fate of new currencies?
About Joost Jonker
Joost Jonker studied economic and social history at the VU University (Vrije Universiteit Amsterdam) and specialized in financial and business history from 1500 to the present. He holds the NEHA Chair in Business History at the University of Amsterdam and works as Senior Researcher at the International Institute of Social History.