[ernie pantuso]

You are partially correct in that the future money is in electrons. But, there still must be an underlying basis to properly value the electron currency or else it becomes a worthless medium of exchange.

[discostu]

Nope, there doesn't. Because there never has been. All currency (gold, dollars, tulips, whatever) gain their value from people being willing to trade them for goods or services. That's the underlying basis throughout history. All "gold backing" does is layer it, the dollars are based on gold which is based on belief. things have functioned perfectly fine after getting rid of that misdirection. And when we go to full electronic they'll still function fine.