"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
Surprise: The US Dollar is a Virtual Currency
Submitted by Bradley Keyes on Fri, 2012-10-26 00:00
"Of the many aversions people have to the new concept of virtual currency, one of the most fundamental is merely an aversion to the fact that it’s “virtual.” This is a curious phenomenon and is worth exploring. As it turns out, the money you’re currently using is already virtual."
Excellent analysis of the structure of the world's currencies.
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