[discostu]

The future of money is electrons, we're turning the corner as it is, won't be many more decades before physical representation is gone. Which will be a sad day for those that bitch about "fiat" money.

[eno_]

You say you want a revolution?

Anonymous stored value would cramp the style of overreaching governments. Real, unbreakable privacy for moeny.

I'm not here to debate fractional reserve banking (which has a colorful, to be polite, history) or gold-backed currency. Stored value and currency and banking systems are related but are the same thing. You could have anonymous stored value and gold-backed currency OR "fiat money" as the gold bugs would call it, and you could still set your reserve requirements at any level.

[Tauzero]

"Which will be a sad day for those that bitch about 'fiat' money."

How so?

Or are you just spouting off.

[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.

[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.