The Future of Money by The Chicago Council Audio titled The Future of Money by The Chicago Council

Today, money is increasingly more bits and bytes rather than bits of paper. Moreover, disruptive financial technologies and innovations—such as cryptocurrencies, mobile payment systems, peer-to-peer lending, and crowdfunding—continue to transform finance as we know it. Bitcoins can render banks superfluous, and new banking forms diminish the ability of central banks to influence the economy through monetary policy. As the nature of money and finance continues to evolve, what are the economic, political, and social implications?