The Evolution of Peer-to-Peer Payment Systems

This chapter explores the historical development of P2P payment systems in the U.S., focusing on the limitations of traditional payment networks like Visa and MasterCard. It examines the rise of PayPal and social media's influence on money transfer, highlighting how platforms like Venmo showcase money's social implications. Additionally, the chapter speculates on the future of currency in a digital age, contemplating the potential role of corporate and alternative currencies amid evolving societal relationships with money.