{"id":541,"date":"2015-06-22T05:33:28","date_gmt":"2015-06-22T05:33:28","guid":{"rendered":"https:\/\/pressbooks.ccconline.org\/accmacro\/chapter\/video-what-is-money\/"},"modified":"2023-07-15T01:47:00","modified_gmt":"2023-07-15T01:47:00","slug":"video-what-is-money","status":"publish","type":"chapter","link":"https:\/\/pressbooks.ccconline.org\/accmacro\/chapter\/video-what-is-money\/","title":{"raw":"Video: What is Money?","rendered":"Video: What is Money?"},"content":{"raw":"<h2>What is Money?<\/h2>\r\nWatch this lecture to review\u00a0what money is and how it works.\r\n\r\nhttps:\/\/youtu.be\/DjTs-rjVkB8?list=PLF2A3693D8481F442\r\n\r\n&nbsp;\r\n\r\nUnlike traditional money that is based not on a tangible asset (like gold), or on the faith of a government (like dollars), Bitcoin is a currency based on cryptography and algorithms. To transfer bitcoins, one uses keys and an algorithm. The currency is independent of banks and governments.\r\n\r\nhttps:\/\/youtu.be\/kqTJU7XNxwk\r\n\r\n&nbsp;","rendered":"<h2>What is Money?<\/h2>\n<p>Watch this lecture to review\u00a0what money is and how it works.<\/p>\n<p><iframe loading=\"lazy\" id=\"oembed-1\" title=\"(Macro) Episode 29: What is Money?\" width=\"500\" height=\"375\" src=\"https:\/\/www.youtube.com\/embed\/DjTs-rjVkB8?list=PLF2A3693D8481F442\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<p>&nbsp;<\/p>\n<p>Unlike traditional money that is based not on a tangible asset (like gold), or on the faith of a government (like dollars), Bitcoin is a currency based on cryptography and algorithms. To transfer bitcoins, one uses keys and an algorithm. The currency is independent of banks and governments.<\/p>\n<p><iframe loading=\"lazy\" id=\"oembed-2\" title=\"Bitcoin Virtual Currency\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/kqTJU7XNxwk?feature=oembed&#38;rel=0&#38;rel=0\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"author":32,"menu_order":270,"template":"","meta":{"pb_show_title":"","pb_short_title":"","pb_subtitle":"","pb_authors":[],"pb_section_license":""},"chapter-type":[],"contributor":[],"license":[],"class_list":["post-541","chapter","type-chapter","status-publish","hentry"],"part":483,"_links":{"self":[{"href":"https:\/\/pressbooks.ccconline.org\/accmacro\/wp-json\/pressbooks\/v2\/chapters\/541","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pressbooks.ccconline.org\/accmacro\/wp-json\/pressbooks\/v2\/chapters"}],"about":[{"href":"https:\/\/pressbooks.ccconline.org\/accmacro\/wp-json\/wp\/v2\/types\/chapter"}],"author":[{"embeddable":true,"href":"https:\/\/pressbooks.ccconline.org\/accmacro\/wp-json\/wp\/v2\/users\/32"}],"version-history":[{"count":1,"href":"https:\/\/pressbooks.ccconline.org\/accmacro\/wp-json\/pressbooks\/v2\/chapters\/541\/revisions"}],"predecessor-version":[{"id":542,"href":"https:\/\/pressbooks.ccconline.org\/accmacro\/wp-json\/pressbooks\/v2\/chapters\/541\/revisions\/542"}],"part":[{"href":"https:\/\/pressbooks.ccconline.org\/accmacro\/wp-json\/pressbooks\/v2\/parts\/483"}],"metadata":[{"href":"https:\/\/pressbooks.ccconline.org\/accmacro\/wp-json\/pressbooks\/v2\/chapters\/541\/metadata\/"}],"wp:attachment":[{"href":"https:\/\/pressbooks.ccconline.org\/accmacro\/wp-json\/wp\/v2\/media?parent=541"}],"wp:term":[{"taxonomy":"chapter-type","embeddable":true,"href":"https:\/\/pressbooks.ccconline.org\/accmacro\/wp-json\/pressbooks\/v2\/chapter-type?post=541"},{"taxonomy":"contributor","embeddable":true,"href":"https:\/\/pressbooks.ccconline.org\/accmacro\/wp-json\/wp\/v2\/contributor?post=541"},{"taxonomy":"license","embeddable":true,"href":"https:\/\/pressbooks.ccconline.org\/accmacro\/wp-json\/wp\/v2\/license?post=541"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}