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Are Bitcoins and Unusual Hats the Future of Currency? | Idea Channel | PBS Digital Studios

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Published on Feb 13, 2013

If you've ever played Team Fortress 2, you know how valuable hats are. To those who haven't: yes, HATS! If a community agrees on the value of something, then that thing can become a currency, to exchange for other goods. Just like american dollar bills (or euros, yen, or any other currency), or... bitcoins. Bitcoins are an online currency worth over $200,000,000, and though they are just 1s and 0s, some think that this is the future of money. On the other hand... mo bitcoins mo problems.

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Links:
What is a Bitcoin?
http://www.youtube.com/watch?v=Um63OQ...

Music:
Roglok: http://vimeo.com/musicstore/track/21166
Binarpilot: http://www.jamendo.com/en/track/66141...
Pocaille: https://soundcloud.com/pocaille/tachy...
EatMe: http://www.jamendo.com/en/artist/3483...

Want some more Idea Channel?

Here's Last Week's episode: "Is Futurama the Best Argument Against Transhumanism?" http://youtu.be/Gdyc7BpKic0

Want another one? Here ya go: "Are MP3s & Vinyl Better Than Live Music?" http://youtu.be/WsZMZ86zgF4

Here's Some More: "Top 5 Most Artful Video Games" http://youtu.be/IAs4Dy-lh8E

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