A new post is up over at The Mantle taking a look at some events over the summer and how they may be marking the future of money and how we handle it. A snip: The advantages seem awesome, in light of the current global economic crisis. Virtual money and virtual transactions can occur strictly between people, or person to company—banks and governments aren’t included. They can be traded with fair, level exchange rates that are (ideally) reflective of the Bitcoin (BTC) marketplace. And, to expand this idea further, competing online currencies could pop up, keeping prices honest and acting as a check and balance to currency monopolies. And for a time it
New post on DES: The Cost of Virtual Currency
New post on DES: The Cost of Virtual Currency
New post on DES: The Cost of Virtual Currency
A new post is up over at The Mantle taking a look at some events over the summer and how they may be marking the future of money and how we handle it. A snip: The advantages seem awesome, in light of the current global economic crisis. Virtual money and virtual transactions can occur strictly between people, or person to company—banks and governments aren’t included. They can be traded with fair, level exchange rates that are (ideally) reflective of the Bitcoin (BTC) marketplace. And, to expand this idea further, competing online currencies could pop up, keeping prices honest and acting as a check and balance to currency monopolies. And for a time it