In the 80s, there were basically only three distribution systems for video: TV, VHS cassettes and the movie theater. That meant that the only video was highly produced by strangers and most of it ran in half hour increments.
Not today. Now, micro-video has become hugely popular. On Vine (RIP), a six second video of a bin full of squeezy toys screaming might be the most amazing video you’ve seen in years (if you haven’t seen it, it will be). That video would have never hit the pre-internet distribution networks, though.
Bitcoin guru Andreas Antonopoulos explains that money, like pre-internet video, takes on the characteristics of its container. When it had to be contained on a TV channel with a schedule or a videotape that took up physical space, it didn’t make sense to pass around a six second video. With the internet, any length of video can be watched at any time. Length and time no longer matter. We love videos today that people 30 years ago would never have suspected anyone would want to see.