Least everyone forget, I deliberately created a different OT subject thread so that Jed's equally interesting commentary (in regards to advancing robotics rendering human labor obsolete) would not get hijacked by another topic that I hoped might be of interest to a few Vorts. I was interesting in how the nature of currency (cash) in the 21st century and beyond might be improved. I attempted to propose an audacious concept where currency should be virtualized. Currency (cash) should no longer be treated as a fixed asset - a fixed sum of money that is transferred between individuals and/or legal entities. I proposed a system where currency (cash) can only be generated at the point where a transaction (a service) between a seller and a customer is completed. Granted, many might consider it moot and not worth discussing. Nevertheless, I'm conjecturing that much of the economic problems we are currently dealing with are due to the fact that we still believe we need to treat currency as a fixed asset - in order to maintain its "value." Lately, I've come to the conclusion that our continued need to worship such a belief is horribly misplaced.
Unfortunately, it would appear that my ploy to start such a rancorous discussion has been hijacked! Regards Steven Vincent Johnson www.OrionWorks.com www.zazzle.com/orionworks
