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Kids INVENTED an online currency

TechLinked@techlinked346K viewsDec 7, 20220:44
Source
YT
Views
346K
Subscribers
2M
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Description

never accept anything from strangers unless the stranger is a picture of a cat on Tick Tock he's just trying to bequeath you some doubloons the basis of a semi-functional economy created by Young tick-tockers in just three days last week Doubloon themed posts took over the platform with users giving stealing and bartering with the imaginary currency with every transaction recorded on the blockchain if by blockchain you mean spreadsheets and literal notebooks maintained by children but like anything built by children this might not last at least one account has posted news bulletins warning of the impending crash in the value of doubloons due to too many tick tocks giving thousands away for free wow it took teenagers and a cat jpeg three days to learn Finance as well as sandbagment freed

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The short titled Kids INVENTED an online currency presents a playful yet sharp reflection on how meme culture and social platforms can spark informal economic experiments. In just under a minute, the video frames a group of young TikTok users and a cat image as the driving force behind an improvised currency called doubloons, illustrating a semi-functional economy built entirely by the participants within days. The narration notes that everything from earning to spending and tracking is recorded, joking that the

Topics · economy · social media · education · technology news · internet culture

Questions answered

What exactly is doubloons in the video concept and how is it tracked?
Doubloons are a meme-based online currency created by the participants, with transactions described as being recorded on spreadsheets or notebooks, humorously implying a basic ledger system rather than a formal blockchain.
Why do viewers see this as educational or valuable learning about economics?
Viewers note that even in a playful context, the activities illustrate supply and demand, value change, and basic financial concepts, showing how communities negotiate value and track exchanges, which can spark interest in economics.