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My friend and fellow futurist Gerd Leonhard, who runs The Futures Agency (which I am part of), was recently in Sydney for a speaking engagement. We took the opportunity to record a series of conversations on the future. Here is our conversation on the future of money.

The key points we make are:

* The world of money is opening out in a big way today
* Facebook credits are becoming an important alternative currency
* Cash will phase out for digital payments
* The rise of Bitcoin is important in shifting transactions out of the purvey of governments
* In many developing countries mobile phones are becoming the predominant banking platform
* Micro-payments for content could work through social media and dominant platforms such as China’s QQ
* These could flow into crowdfunding for creative endeavors
* Behaviorally we are some way from micro-payments working well
* Money will inevitably shift to the cloud

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About the Blog author

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Ross Dawson is globally recognized as a leading futurist, entrepreneur, keynote speaker, strategy advisor, and bestselling author. He is Founding Chairman of AHT Group, which consists of 3 companies: consulting, publishing, and ventures firm Advanced Human Technologies, future and strategy firm Future Exploration Network, and events company The Insight Exchange.

Ross is author most recently of Getting Results From Crowds, the prescient Living Networks, which anticipated the social network revolution, the Amazon.com bestseller Developing Knowledge-Based Client Relationships, and Implementing Enterprise 2.0. (click on the links for free chapter downloads). He is based in Sydney and San Francisco with his wife jewellery designer Victoria Buckley and two beautiful young daughters.

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