How Would You Like to Pay?: How Technology Is Changing the Future of Money
Bill Maurer is Dean of the School of Social Sciences; Professor of Anthropology, Law and Criminology, Law and Society; and the Director of the Institute for Money, Technology, and Financial Inclusion at the University of California, Irvine. He is the author of Pious Property: Islamic Mortgages in the United States and Mutual Life, Limited: Islamic Banking, Alternative Currencies, Lateral Reason.
Use Cases for Money
This chapter presents the diverse use cases for money. “Use case” is a term taken from the technology industry, where scenarios are played out of how a piece of equipment or software might actually work once unpredictable humans are added to the mix. This chapter presents the use cases of money objects. From giving gifts to staging religious rituals, making political statements and playing around, people enlist money objects in a host of activities that we might do well to consider when we think we are redesigning money with new technologies.