Originally posted on TED Blog:
“Is there a reason for governments to be in charge of money?” asks Paul Kemp-Robertson in today’s talk. Judging by the new raft of alternative currencies—from digital coins to point systems that reward customers of a certain brand—the answer might someday be “no.” Again.
[ted_talkteaser id=1795]As Kemp-Robertson suggests, many people seem to trust brands more than governments these days. Since currency is, in a sense, an expression of the brand value of a government, why shouldn’t commercial brands also make currency?