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Re: backing?
>
> * The role of *gold* is tangential and secondary. Any stable currency
> would suffice, and in fact gold bullion would be no more desirable
> than yen or Deutschmarks.
>
...
> ..........................................................................
> Timothy C. May | Crypto Anarchy: encryption, digital money,
> [email protected] | anonymous networks, digital pseudonyms, zero
> 408-688-5409 | knowledge, reputations, information markets,
> W.A.S.T.E.: Aptos, CA | black markets, collapse of governments.
^^^^^^^^^^^^^^^^^^^^^^^
Cognitive dissonance. Care to explain?
I agree with Perry and Doug on this one--if not gold as backing, then
perhaps virtual-world resources instead, such as information, or storage
space, or CPU time. But not existing, government-backed currencies, at
least in the long run.
Robert