thanks, JP - you're saying it's a perception thing right?

skip ahead 20 years...

the world's economy is handled using various forms of 
electronic gold. just about everyone uses it. however 
there are a few oddballs out there - they use this currency
call FReNs. (the majority call them Note-bugs.) there is a service
where you can own FReNs. however, since most of the world uses
gold, the FReN service lets you denominate your spends in grams
of gold, and maintains a "spot" price in AUG / 10,000 FReNs.
there are a few businesses that will actually exchange
to/from your FReNs for real money (gold).
there is an argument amongst these businesses...which is better...
should we buy the FReNs at "spot", or should we buy at spot
less a few percent?
there is this old bald rich paunchy dude, JMR, that argues the
latter - thats how its been done for eons! there is this older
more rich less paunchy dude JPM that argues the former - the
FReN newbies expect to get spot! and then there is this other dude
that explains how in 20 years we'll still be arguing about it. ;)



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