How Does the Shape of Money Shape Life?
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Why Are Coins Round? Give it a think....
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Why are coins ⦠round? It used to be, waaay back, there were more irregularly shaped, and even squared coins. But now there are only a few countries that do this. The Bahamanian 15 cent coin was minted until 2005; The Netherlands Antilles 5 cent piece got axed in 1985, but their 50c piece is still in production! There are a few others - but not many! Our money has the physical properties it does because, given the fervor of life, itās gotta go fast. The circle is a convenient shape for coin speed; the rectangle, for similar reasons, for bills. But... there is a point at which, if money needs to move VERY quickly, it has to become something else entirely. Thatās basically what weāre gonna talk about in this episode: how what we want money to be able to DO determines what it IS⦠and how what money is then determines, how we live. So join us today as we head to Wall Street, the New York Stock Exchange and beyond!
--COMMENT RESPONSES TO LAST WEEKāS EPISODE--
https://www.youtube.com/watch?v=X90Cbe3HC1w
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https://twitter.com/patheticliform/status/849416061476896768
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Kyle Kallgren! https://www.youtube.com/user/oancitizen
--FURTHER READING & SOURCES--
http://www.nytimes.com/1989/12/16/nyregion/soho-gift-to-wall-st-a-3-1-2-ton-bronze-bull.html
http://www.zerohedge.com/news/2016-04-13/inside-real-nerve-center-market-where-wall-street-actually-transacts
https://www.bloomberg.com/news/articles/2016-04-13/inside-equinix-s-ny4-data-center-where-wall-street-trades
http://www.marketwatch.com/story/this-is-the-last-photo-well-ever-run-of-the-nyse-trading-floor-2014-10-01
https://www.forbes.com/forbes/2010/0927/outfront-netscape-jim-barksdale-daniel-spivey-wall-street-speed-war.html
--ASSET LINKS--
01:10 Royal Sovereign Electric Bill Counter w- Value Counting (RBC-4500)
https://www.youtube.com/watch?v=cjOP_cwSRf8
01:26 Application of a Wax Seal
https://www.youtube.com/watch?v=BWP3qb-Gzro&t=1s
2:34 Slow Motion Quarter Spinning
https://www.youtube.com/watch?v=1cypn9AN7_8
2:41 Spinning Coin (Panasonic Lumix FZ1000 Full HD Slow Motion Video)
https://www.youtube.com/watch?v=W8i43UDvono
2:43 COUNTING MONEY BY X
https://www.youtube.com/watch?v=JIlDe53pXhA&t=73s
2:44 SC Advance Video
https://www.youtube.com/watch?v=Y4OzonzRg_U
3:16 Wall Street Warriors Episode 5 Season 2 HD
https://www.youtube.com/watch?v=-zayySaZMIw
3:20 Snap Inc., parent company of Snapchat, makes its debut on the New York Stock Exchange.
https://www.youtube.com/watch?v=zPEOBX-cQ8E
3:41 Photos of Maestro Arturo Di Modica and Charging Bull
http://chargingbull.com/
5:14 FLOORED The Complete Documentary Film
https://www.youtube.com/watch?v=--H8SY334Zw
5:21 Wall Street trader's NYSE tour
https://www.youtube.com/watch?v=ns7kfI_apwk
5:47 & 6:44 Wall Street- The speed traders
https://www.youtube.com/watch?v=WstJM_aNSj8
6:51 Watch high-speed trading in action
https://www.youtube.com/watch?v=2u007Msq1qo
10:19 The Great HFT Debate With Michael Lewis On CNBC
https://www.youtube.com/watch?v=RcpmHyPD_PY
10:24 High Frequency Trading by WEED e.V.
https://www.youtube.com/watch?v=z4nCTdQlH8w
11:10 Coin Carriers Aka Plastic Tubes Replace Money Bags In Banks (1968)
https://www.youtube.com/watch?v=xHzjtCuzKs8
11:13 Late 1960s King's Road London, 60s Fashion, Street Style, 35mm Archive Footage
https://www.youtube.com/watch?v=krqLyMt3sPQ
11:47 FLOORED The Complete Documentary Film
https://www.youtube.com/watch?v=--H8SY334Zw
11:56 Watch high-speed trading in action
https://www.youtube.com/watch?v=2u007Msq1qo
12:02 Wall Street- The speed traders
https://www.youtube.com/watch?v=WstJM_aNSj8
12:35 Wall Street Warriors Episode 5 Season 2 HD
https://www.youtube.com/watch?v=-zayySaZMIw
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Written and hosted by Mike Rugnetta (@mikerugnetta)
(who also has a podcast! Reasonably Sound: http://bit.ly/1sCn0BF)
Made by Kornhaber Brown (http://www.kornhaberbrown.com)