Was The Penny Just The First To Go?

From the article:



I like how the prize for coming up with this new digital currency is some of the world's oldest currency, gold.

I think it would, more people would tend to grab them up and save them making the supply dry up and drive up demand.
It may cost you some credits from your bank account to buy some.
Oh wait, it already does, it's called Paypal.
This is only the start of things to come I believe.
I am a doomsday thinker, a pessimist when it comes to the state of things in this world. Many would disagree and rightly so as it is only my point of view and I sure could be wrong but ....
I do think all currency transactions are heading for extinction.

One day, I am afraid that this digital world is more likely to collapse than the barter system would.
All it takes is a good hacker and either widespread account theft or a major virus and imagine the chaos.
Some feel terrorists could do far more harm messing up the infrastructure of the internet than any of the physical attacks they use.
Files and accounts are a lot more vulnerable than something tangible.




That doesn't leave much else because most larger transactions do not exchange in cash either. If you go buy a lawnmower, a car, or a house do you use cash to buy it?

Bye bye money. Hello and swipe your plastic,direct deposit and direct payment, eventually those hand held computers you call cell phones that you take pictures with, talk on and go on the web with will be your wallet. I would bet on it.

They already have at least two systems with plug ins for smart phones that allow you to accept plastic.