The link between money and art is obvious in Italy. Money is an artwork.

Stay with me for a moment. This is a human not a technical question. Take that million of gold. It’s factually gold. A metal. We’ve put value on it.

Back in the day, money was gold. Gold was used for exchange. Gold was rare, beautiful and useful.

Officially, as an economist, the idea is that to create money you can either make things or provide services that others value.

Or today, you can use a keyboard, a computer and be an approved authority and create it. Now it is FINTECH.

A government borrows from a central bank and puts money out in the markets. What actually happens today is something is typed into a computer. It is “Ones and Zeros”.

The funds then go to the regular banking system that most businesses and people use.

The banks can then lend with leverage. One dollar becomes 10. The 10 becomes 100. At least this is the idea. The banks may not lend or only lend to a selected few.

It’s what the Quantitative Easing was about.

It gets interesting when money is electrons.

It’s all electrons.

Which is pretty creative. As there is no limit to electrons. So there is no limit to money. I’ll save inflation and governance for another day.

If money is now infinite, what is it really as humans? as a social system?

FinTech is accelerating money as electrons with new ways to use information technology around finance, exchanges, payments along with anti-money laundering, tracking terrorists and undesirables and control.

The art of money is now about electrons, trust and confidence. It’s about exchange.

I create XXX, provide service YYY or send you ZZZ, and you send me ‘N’ electrons.

Money is artwork.

In art, a masterwork is a work that lifts and expands those engaged with it.

The dark side of a master work is to create something that looks like a master work, sold as a master work but it’s actually a fraud, debased and destructive of trust.

This is the challenge for FinTech and the Modern Money System.

Is it to be a masterwork or will it simply be a fraudulent block of gold – gold on the outside and lead on the inside?

With FINTECH Festival celebrating finance and technology, perhaps we might also talk about the human side of money in the days of electrons?

What does money really mean now? What is its value now money is infinite?