How Money Became A Form Of Social Media
Odd Lots
Bloomberg
4.5 • 2K Ratings
🗓️ 26 November 2020
⏱️ 49 minutes
🧾️ Download transcript
Summary
There are many similarities between cryptocurrencies and social networks. And the rise of payment apps like Venmo make the link between payments and social media explicit. But this convergence between money and social media goes back a long time. On this episode, we speak with Lana Swartz, a media studies professor at the University of Virginia, about her book, New Money: How Payment Became Social Media.
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| 0:00.0 | When you get your news from Bloomberg, you don't just get the story. You get the story behind the story. |
| 0:07.0 | How your Evie's battery may not be as green as it seems. |
| 0:11.0 | Why a decrease in global birth rates could send countries scrambling to increase immigration. |
| 0:16.2 | You get context. |
| 0:17.6 | And context changes how you see things, how you change things, because context changes everything. Go to |
| 0:24.2 | Bloomberg.com to get context. Hello and welcome to another episode of the Odd Lots Podcast, I'm Tracy Allaway. |
| 0:45.0 | Tracy Allaway. |
| 0:48.0 | Tracy, it's time for another episode about one of our favorite topics. |
| 0:51.0 | Money, it's got to be money. |
| 0:54.0 | It's got to be money. |
| 0:55.4 | I mean, all of our, in a sense, I guess, |
| 0:57.2 | all of our episodes are money, but how could you talk |
| 1:00.0 | about things about money if you don't even know what money is or where it comes from. |
| 1:04.6 | I agree that all of our episodes are money in that. |
| 1:07.2 | What was that 1990s film use of the word money? |
| 1:10.5 | Vince Vaughn and that guy? Where people were going, you're so money. |
| 1:15.0 | Swingers? |
| 1:16.0 | Yeah, Swingers, that one. |
| 1:18.0 | Our episodes are money in that sense, but they're also about money. |
| 1:21.0 | They are, and of course there's one of our favorite topics and today |
| 1:25.2 | we have I think we're going to explore with a slightly different angle than we |
| 1:29.6 | sometimes do so we sometimes talk about the origins of money, does money come from the state, is money inherently |
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