August 25, 2013
While watching payment related videos on Youtube, I came across this amazing video from Paul Kemp-Robertson. I was impressed with how he ties up trust, technology and currency. I could'nt resist but to write and share my 2 cents on what I understand from the video.
What is a currency? Currency is a form of money regulated by respective governments in the world. It is considered to be centralized and secure. The big question to ask ourselves is do we trust in our Governments. Surprisingly most of our answers are no, but we trust in corporations more than we trust the governments. According to Edelman Trust Barometer only 38% of us trust in Government officials or regulators.
The question we need to ...