Finance

How easily can we get used to new payment methods?

Bas Haring thinks money is an insanely cool thing. “Money is something we use every day. We can also use it without really knowing what it is. Somehow we humans often think that money refers to something of value. It stands for gold or other valuable things But it doesn’t. It doesn’t represent gold and yet we trust money.”

But how does this process work when a new payment method is introduced? How easy is it for us to switch to new payment methods? Bas emphasizes that we humans are creatures of habit. Once the masses have faith in the currency, things can move quickly.

Watch the full broadcast here.

This video is made possible in part by Mastercard.

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