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GoldMoney is the Answer to "Nonphysical Currency" Ambitions

- Nathan Lewis - New World Economics

Nathan, I agree with the concept. I just don't get how and when.

What are the possibilities that "our" govt would change those laws or actually "encourage" gold-based electronic exchanges? Slim to none at the moment. And which other countries, the overwhelming majority of whom are also under the control of Da Money People--the central banksters, would have those with the necessary wisdom, intelligence, authority, and cojones, to do this? That, it would seem to me, would make this idea at the moment little more than wishful thinking. GoldMoney was the closest we had, and Turk had to shut it down. How and when do you see this happening, if this wasn't simply a "wishful thinking" article? Hope this doesn't sound too harsh, as we probably agree on most of the premises and convictions behind the article. I'm just not into fantasy or wishful thinking...reality is that criminals with the power of massive counterfeiting run the world, and they're not about to do ANYthing that might be beneficial for you, me, or anyone else with what they would consider "sound-money disease."

Commented 3619 days ago

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Beginning of the headline :For some reason, the idea of a “nonphysical currency,” without banknotes and coins where one makes payments via some sort of digital means, attracts a lot of people. Perhaps they have been overly influenced by those who want an electronic record of every transaction. Paper cash has its advantages. But, banknotes can also be problematic for the issuer, particularly due to counterfeiting. In any case, a “nonphysical currency” can be a good format for a smaller priv... Read More

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