DrD

Digital currency removes the need for human ID

In American Sovereign on December 23, 2010 at 8:08 am

We have the technology to create a debt free digital currency.  The amount in circulation can be confirmed at any time by anyone on a website preventing counterfeiting.

Once the money is safe, there is absolutely no need to keep track of the humans involved.  This technology is so cheap.  Every community or organization could create their own currency backing it by what ever they think worthy.  This would create huge opportunities for local banks to act as exchange centers for all the competing currencies.

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