The Future of Money
"Money is an invention of the human mind. The creation of money is made possible because human beings have the capacity to accord value to symbols. Money is a symbol that represents the value of goods and services. The acceptance of any object as money - be it wampum, a gold coin, a paper currency note or a digital bank account balance - involves the consent of both the individual user and the community. Thus, all money has a psychological and a social as well as an economic dimension. As human consciousness has evolved, the nature and function of money has evolved too." Wikipedia: Social Evolution of Money
As the technology of money and currency advances, how will it effect the social and psychological dimensions of our uses of, and interactions with money? This website is a summary of projects by MA students in the Design Interactions Department at the Royal College of Art exploring future possibilities for e-money: New pleasures, opportunities, hazards, and rituals.
The project was sponsored by Intel's People and Practices Research Group and was carried out during November and December 2007
Future of Money Weblog / Acknowledgements / Brief