The world of alternative currencies

The world of alternative currencies
- July 12, 2013
- Bill Maurer, anthropology professor and social sciences dean, is featured on NPR July 12, 2013
From NPR:
Technology is changing pretty much everything these days, including money and even
what we think money is. Bill Maurer is the Dean of Social Sciences and an Anthropology
professor at UC Irvine. He studies and navigates the brave new world of alternative
payments — things like using your cell phone to pay for your coffee or Amazon rewards
points to buy a new TV. "Mobile is really shaking up the payment space, and opening
up new vistas for innovation and entrepreneurship," Maurer says. “People always joke
around about how the mobile has replaced the wallet as the thing that people fear
losing or leaving behind most. People can go through the whole day without their wallet
and not really stress out about it too much, but really get anxious when they don't
have their phone nearby or if their service goes down."
For the full story and an audio recording, visit http://www.marketplace.org/topics/your-money/world-alternative-currencies.
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