Often seen as a tangible asset, money is a token backed by trust rather than intrinsic value. Kunal talks about how humans transitioned from barter to shells, then to gold and silver coins, and eventually to paper money backed by gold reserves. However, governments later detached currency from gold, leading to mass printing and inflation. Digital money and cryptocurrencies emerged as decentralized alternatives, aiming to remove control from central banks. Despite evolving forms, money remains a medium of exchange, reliant on collective belief and acceptance.
00:00 Trailer
00:06 What is Money?
02:13 Concept of Barter
04:12 The Transition to Gold Coins
05:38 The Idea of Creation of Currency
06:51 Government Printing Money
08:51 Causes for Inflation
10:15 Trust and Faith in Currency Systems
14:04 Birth of Cryptocurrencies
15:50 Bitcoin and the Examples of Decentralization
17:59 Philosophical and Spiritual View on Money
