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To: Kartographer
I'm writing a paper about electronic transfers and what I call virtual money. There will be a time in the future when “cash” will be gone and everything will be virtual.
You will receive “computer credits” and that will be your pay. It has already happened.
Right now the slow and steady transfer to these credits are causing cash deserts. This is when the people owed the money trys to get cash and there isn't enough physical money to cover what is due.
The government, banks, and large businesses that are valued at a certain amount could never get enough “cash” to cover their assets if needed.
Quite a lesson in future goings on.
In a few years all governments will know every transaction made for any goods and services as it will be done electronically. Your taxes will be taken automatically and you will never have to touch that dirty cash again.
24 posted on 02/17/2012 10:40:46 AM PST by lucky american
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To: lucky american

Anonymous looks forward to that day.


27 posted on 02/17/2012 11:03:03 AM PST by Kartographer ("We mutually pledge to each other our lives, our fortunes and our sacred honor.")
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