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Old 03-11-2010, 06:00 PM   #1
kidmercury
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Re: The Cashless Exercise

i think we are going to see multiple private networks all with their own protocols. for instance, perhaps in fredland you will need a fredphone to use your fredbucks. conversely, facebook connect and your facebook identity may be how you shop in the facebook world, which currently includes 400 million+ citizens. most likely that like obama you will be a dual citizen -- sometimes you'll shop using facebook credits stored in your facebook profile, other times you'll shop using fredbucks from your fredphone. unlike obama though you won't have to lie about your citizenship status -- dual/multi-citizenship will be the norm, and will protect you from tyranny (i.e. in case fred ever turns into an evil dictator we can just pull a run on fredbucks and abandon the economy.....in the new world order, the central banks compete for us, rather than own us). and that's what will save the world!

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