>... no clearing delays, ... I think ultimately this is the aspect of virtual currencies that will create the biggest change in the world. The great majority o

>... no clearing delays, ... I think ultimately this is the aspect of virtual currencies that will create the biggest change in the world. The great majority of the messing around with money has traditionally involved overcoming time delays in the system. A world without payables or receivables would have to look quite different. Without the friction of delayed payments the whole world economy might turn into a giant kanban[1] system. Everything would be a gig at whatever scale. * [1] https://en.wikipedia.org/wiki/Kanban https://en.wikipedia.org/wiki/Kanban