4 ms·
I wrote this some time ago: "It is obvious that electronic money will replace paper bills in the future. Not because they are better or worse than paper but si
by eduardordm 14y ago
I wrote this some time ago:
"It is obvious that electronic money will replace paper bills in the future. Not because they are better or worse than paper but simply because the methods of payment simply killed the need for paper bills. Instead of storing tons of paper and gold in their safes, banks will store the electronic money in their databases. The public will never touch that electronic money, they will be just a number in a bank statement. You won't have to install any bitcoin client. The only thing you will ever need is a authentication tool. It could be a card, it could be your cell phone, it will certainly be some sort of portable token."
Yet, I'm still not sure how eletronic money can really be democratic, not everyone has access to basic infrastructure.
http://eduardo.intermeta.com.br/posts/2013/1/18/bitcoins-and-the-future-of-electronic-money http://eduardo.intermeta.com.br/posts/2013/1/18/bitcoins-and...