A leading investor thinks bitcoin is going to change the world. A prominent writer disagrees. They make a bet about what we'll be using for money in 2019.
Planet Money posts about Currency
A big-time venture capitalist thinks bitcoin will change the world. A prominent writer thinks bitcoin is going to disappear. On today's show, they make a long-term bet on bitcoin's future.
Americans use debit cards more often than any other form of payment. Cash is still used more often than credit cards.
"This little baby — what my wife used to call my 'pretend money project' — is really going mainstream," says the chief scientist at the Bitcoin Foundation.
On today's show, every single dollar bill in the world — every $20, every $100, everything — is printed on paper made at one small mill in Massachusetts. That's been the case for 130 years.
Roughly $5 trillion worth of currency is traded every day. Here's how that money is spread among the world's currencies — and how the picture has changed in the past few years.
If you're a high school student and you dream of holding the U.S. economy in the palm of your hand — if you want the power to control interest rates and to print money out of thin air — the Fed Challenge is for you.
Making fake dollars is big business in Peru, where counterfeiters hire people to finish each bill by hand.
Like people in other countries that have gone through economic turmoil, people in Myanmar want U.S. dollars that look like they just rolled off the presses.
Colbert wants to know: Should he buy bitcoin?